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Homes England, Social and Affordable Homes Programme 2026-36

This Homes England, Social and Affordable Homes Programme 2026-36 is a scheme to provide grant funding for the development of social and affordable housings as part of the broader 2026-2036 Social and Affordable Homes Programme. Specifically, this will assist those who cannot afford to buy/rent a home at market price in areas outside of London in England and awards will be made through open bids.

Our key takeaways from the Subsidy Advice Unit (SAU) report are:

  • Detail should be provided in relation to the proportionality of the viability gap which has been exercised and will be implemented. This includes comparative exercises on the allocation of funding and how incentivisation will ensure only the minimum necessary is funded.
  • Evaluations of the risk regarding small organisations being responsible for supplying the large share of new affordable homes should be included. This could involve explaining why there are no caps on the total amount a recipient could receive and how appraisal criteria will ensure competition.
  • Evaluations should also be undertaken on the market characteristics and impacts on investment and competition.
  • Assessments should consider any potential negative effects when undertaking the balancing exercise required under Principle G.

 

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