Meeting of the Parliament 01 October 2024
The member makes a point about the £90 million. I note that it is £90 million this year, but it was also £90 million last year, the year before that, the year before that and the year before that. As I said, we are spending £90 million to mitigate the welfare cap. I am unable to break down the figures by house size but, on average grant investment levels, we would expect £90 million to deliver at least 700 new-build social rented homes or more than 1,300 acquisitions.
Those are not just numbers; they represent 700 or 1,300 households who could be benefiting from safe, warm homes in which to raise their families. We could have had 700 new homes last year, 700 new homes the year before and 700 new homes the year before that. I note again that Labour has the ability to change the situation in its budget in three or four weeks’ time.