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<\/a><\/div>\n<\/div>\nThe Government hopes the programme will give long-term certainty to councils, developers and housing associations, promising a decade of stable funding and reform.<\/p>\n
A five-point plan underpins the scheme:<\/p>\n
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Biggest grant funding boost in a generation<\/p>\n<\/li>\n
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Rebuilding the sector\u2019s borrowing and investment capacity<\/p>\n<\/li>\n
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Stronger regulatory oversight<\/p>\n<\/li>\n
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Kickstarting council house building<\/p>\n<\/li>\n
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A renewed partnership to build at scale<\/p>\n<\/li>\n<\/ul>\n
Homes England will oversee the majority of funding, with up to 30% \u2013 \u00a311.7bn \u2013 earmarked for the Greater London Authority.<\/p>\n
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The government will also introduce a new 10-year rent settlement from April 2026, alongside an overhaul of Right to Buy rules to protect council housing stock and boost new delivery.<\/p>\n
A modernised Decent Homes Standard will be rolled out and extended to the private rented sector for the first time. Social housing will be covered by new Minimum Energy Efficiency Standards.<\/p>\n
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Rayner said: \u201cWe are seizing this golden opportunity with both hands to transform this country by building the social and affordable homes we need.<\/p>\n
\u201cWith investment and reform, this government is delivering the biggest boost to social and affordable housing in a generation, unleashing a social rent revolution, and embarking on a decade of renewal for social and affordable housing in this country.\u201d<\/p>\n
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