THE Budget will provide more than £1 billion for social and affordable housing and give England’s mayors greater powers, the Treasury said over the weekend.The money takes funding for the 10-year social and affordable homes programme to more than £40bn.Councils will also be helped to borrow from the government at preferential interest rates, according to the government.A Treasury spokesman said: “For years, families have been locked out of a secure and affordable home because we simply haven’t built enough.

THE Budget will provide more than £1 billion for social and affordable housing and give England’s mayors greater powers, the Treasury said over the weekend.

The money takes funding for the 10-year social and affordable homes programme to more than £40bn.

Councils will also be helped to borrow from the government at preferential interest rates, according to the government.

A Treasury spokesman said: “For years, families have been locked out of a secure and affordable home because we simply haven’t built enough.

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