PRACTICE NOTES
What is grant funding/public subsidy for affordable housing?
Affordable housing grants have been around for many years, but a structured capital funding framework designed to underpin affordable housing delivery only truly took hold from the 1980s with the coming into force of the Housing Act 1988 (HA 1988). Initially confined to housing associations, grant support described as ‘social housing assistance’ is now open to a broader category of beneficiaries (see Who can apply for grant funding/public subsidy for affordable housing? below), and responsibility for the regime’s operation is split between the Homes and Communities Agency (trading as Homes England) and the Greater London Authority (the GLA). Although other public bodies (such as local authorities and combined authorities) may exercise grant-awarding functions, this Practice Note concentrates on the grant regime administered by Homes England and the GLA and on the provision of social housing
Planning