More public spending on accommodation should see the number of "social rented homes" increase by 10,000 or 50% annually on today's figures by 2008, the Office of the Deputy Prime Minister says.
Spending by the department on housing should increase by 4.1% in real terms annually during the spending review period. A £16bn hike in spending committed to the “Sustainable Communities Plan” announced in February 2003 should take total commitments to ODPM programmes to £38bn between 2003-8. The additional money should enable some 200,000 homes to be build in the London and South East area by 2016, the ODPM says. Various spending has been earmarked towards infrastructure, neighbourhood renewal, and “sustainable community” funds. Spending will be augmented by use of private-publ...
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