# UK: The new-look Affordable Homes Programme at a glance (Inside Housing, 8 September 2020) * **The new-look Affordable Homes Programme at a glance** * By Nathaniel Barker. Published on Inside Housing on 8 September 2020 * * **Summary**: * The article provides an overview of the new Affordable Homes Programme announced by the government. The programme **will dictate how social and affordable housing is funded over the next five years.** * **The Affordable Homes Programme (AHP) 2021-2026 will be worth £11.5bn** and, in the words of a government press release, **will fund up to 180,000 homes “should economic conditions allow”.** * The split of funding available to London and the rest of the country is roughly 50/50 at the moment. London mayor Sadiq Khan is taking charge of £4.8bn of the £9bn allocated over the five-year period. * Around half the homes delivered through the new AHP will be for homeownership products, the government has announced. By way of comparison, [44% of the first £2bn allocated by Homes England](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/865149/Funding_by_Homes_England_minimum_geography_area_Final.csv/preview) under the current programme was for affordable homeownership products. The government’s latest homeownership product should see homes sold to first-time buyers at 30% discounts. * The “vast majority” of rented homes funded through the new AHP will be subject to a **“Right to Shared Ownership”.** In other words, tenants of these homes will be able to purchase a chunk of the equity and increase the size of that chunk when they are able. There will be some exceptions: council homes (which are already subject to the Right to Buy), supported housing and almshouses and homes in rural exemption sites. * The government’s press release indicates that of the homes for rent delivered through the new programme, **10% will be available for supported housing for “those with physical or mental health challenges”.** * **Keywords**: UK, affordable housing, public housing, social housing, London, rental housing, homeowner, homeownership