Print
House of Lords
Written Questions

Asked by  Baroness King of Bow

To ask Her Majesty's Government, further to the Written Answer by Baroness Hanham on 28 May (WA 111), what was the breakdown of the grant allocated to each developer from (1) the National Affordable Housing Programme (2008-11), and (2) the Affordable Homes Programme (2011-15). [HL1587]

The Parliamentary Under-Secretary of State, Department for Communities and Local Government (Baroness Hanham): The breakdown of grant allocated to each developer from the National Affordable Housing Programme (2008-11) and the Affordable Homes Programme (2011-15) is set out below.

 

Developer Affordable Homes Programme 2011-15 (£m) National Affordable Housing Programme 2008-11 (£m)
 

  Barratt Developments PLC

 

  10.90

 

  23.70

 

  Bellway PLC

 

  10.80

 

  3.30

 

  Berkeley Homes Group

 

  0.00

 

  44.70

 

  Bovis Homes Group PLC

 

  5.10

 

  0.60

 

  Crest Nicholson

 

  0.00

 

  0.40

 

  Galliford Try PLC

 

  17.10

 

  7.70

 

  Persimmon Ltd

 

  20.60

 

  1.60

 

  Redrow Regeneration Ltd

 

  0.00

 

  0.00

 

  Taylor Wimpey UK Ltd

 

  0.00

 

  2.30

 

  Telford Homes PLC

 

  4.50

 

  17.80

 

  Figures provided in the Written Answer on 28 May (WA 111) also included allocations made through the Kickstart programme.

 

  The 2011-15 programme will invest £4.5 billion of taxpayers' money in affordable housing and lever in a further £15 billion of private investment, assisted by innovative schemes like Affordable Rent.

 

  The National Audit Office's recent report (Financial Viability of the Social Housing Sector:Introducing the Affordable Homes Programme, HC 465, 4 July 2012)observed that: "The Department selected the best delivery model open to it for the funds it had available ... The Department has so far achieved its policy objective to maximise the number of homes delivered within the available grant funding ... The Programme was over subscribed which led to the Department raising its target for the number of affordable homes it expects to deliver".

 

Hansard Link : Housing