Hang on. "A £12bn affordable homes programme that will support up to 180,000 new affordable homes for ownership and rent over the next 8 years, confirmed today." Urm... that's not doing more - that's a cut!
That money had been announced for 5 year.. extending it means it's been reduced by more than a third
This is the Budget back in March - a five-year programme of £12.2bn
And today it's just gone to 8 years - the same money made to last longer. Build, build, build? Urm.. but less and later apparently
That means we've gone from £2.4bn a year for affordable homes to just £1.5bn a year. Just when we need to do more, we're going to do less? And it's announced literally from a lectern that says 'Build, build, build'? Come on!
And I've vented all I need to vent, but the short version is - this does not sound like the new deal. It's a third less funding for affordable homes each year. I don't think Roosevelt went round blowing up dams.
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