Meeting of the Parliament 25 March 2026 [Draft]
That fund, which goes directly to councils to help them to turn around social voids quickly and to acquire family homes on the market, is a critical part of our response to the housing emergency, because although we are putting a huge amount of work into delivering more affordable homes more quickly, it is clear that immediate action is needed. That £80 million fund, which forms part of the larger sum of £120 million that we have provided since the emergency was declared, is supporting the acquisition of at least 1,200 homes and helping between 600 and 800 children to move quickly from the vital safety net of temporary accommodation into permanent settled homes.