A £39bn plan will fund the construction of 70,000 social and affordable homes across England, with money allocated to major regions including a £6bn share for London.
Key facts
- 70,000 social and affordable homes are set to be built across England.
- The plan is backed by £39bn in funding.
- Funding has been granted to Greater Manchester, the West Midlands and West Yorkshire.
- London is to receive £6bn.
- The plan was reported by the BBC on 24 August 2026.
A total of 70,000 social and affordable homes are to be built across England as part of a £39bn plan, according to the BBC.
Funding under the scheme has been granted to several regions, including Greater Manchester, the West Midlands and West Yorkshire, the BBC reported.
London is set to receive £6bn as part of the wider funding package.
The BBC report, published on 24 August 2026, sets out the allocation of resources across these key areas of England.
The scheme represents one of the larger commitments toward social and affordable housing, with money spread across multiple regions rather than concentrated in a single location.
Why it matters
Social and affordable housing is a persistent concern for many households facing high costs and limited availability. A £39bn commitment aimed at delivering 70,000 homes could affect availability in some of England's most populous regions.
Frequently asked questions
How many homes will be built under the plan?
According to the BBC, 70,000 social and affordable homes are to be built across England.
Which areas are receiving funding?
The BBC reports that funding has been granted to Greater Manchester, the West Midlands and West Yorkshire, as well as £6bn for London.
How much money is behind the plan?
The plan is backed by £39bn in funding, according to the BBC.