The Shared Ownership and Affordable Homes Programme 2016 to 2021
The Shared Ownership and Affordable Homes Programme 2016 to 2021 is intended to increase the supply of new shared ownership and affordable homes in England by March 2021.
Published on 13 April 2016 by the Homes and Communities Agency (HCA), it makes £4.7 billion of funding available to increase the supply of new shared ownership and affordable homes.
In the foreword, Greg Clark MP, Secretary of State for Communities and Local Government wrote, "A Shared Ownership home allows the purchaser to buy a share in the equity while paying rent on the non-purchased share. For many people, this is a chance they didn’t have before to get on to the housing ladder – and to go on to purchase further slices of equity. Since 2011, nearly 41,000 affordable homes have been made available through Shared Ownership. Recognising the level of public demand, we want to greatly expand supply."
The £4.7bn of capital grant is intended to provide:
- 135,000 homes for Help to Buy: Shared Ownership;
- 10,000 homes for Rent to Buy; and
- 8,000 homes for supported and older people’s rental accommodation.
However, other than a 5% share of the funding available for specialist accommodation there is no provision for housing for rent. According to the Royal Institute of British Architects (RIBA) this “…marks the end of an era for the social housing sector and a decisive government shift towards support for home ownership.” ref Homes for rent dropped from government housing programme.
They suggest that housing associations that continue building for rent will now have to rely on partnership funding or private development finance.
In London, the Greater London Authority (GLA) will manage the scheme, and it is thought that building for rent will continue to be supported.
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
- Affordable housing
- Affordable rented housing.
- Conservative party conference affordable housing.
- Help to buy.
- Homes and Communities Agency.
- Housing associations.
- Housing standards review.
- Intermediate housing.
- Laying the foundations: a housing strategy for England.
- Rent to buy.
- Right to buy.
- Right to rent.
- Shared ownership.
- Social housing.
- Social rented housing.
- Starter homes.
Featured articles and news
Ebenezer Howard: inventor of the garden city. Book review.
The Grenfell Tower fire, eight years on
A time to pause and reflect as Dubai tower block fire reported just before anniversary.
Airtightness Topic Guide BSRIA TG 27/2025
Explaining the basics of airtightness, what it is, why it's important, when it's required and how it's carried out.
Construction contract awards hit lowest point of 2025
Plummeting for second consecutive month, intensifying concerns for housing and infrastructure goals.
Understanding Mental Health in the Built Environment 2025
Examining the state of mental health in construction, shedding light on levels of stress, anxiety and depression.
The benefits of engaging with insulation manufacturers
When considering ground floor constructions.
Lighting Industry endorses Blueprint for Electrification
The Lighting Industry Association fully supports the ECA Blueprint as a timely, urgent call to action.
BSRIA Sentinel Clerk of Works Training Case Study
Strengthening expertise to enhance service delivery with integrated cutting-edge industry knowledge.
Impact report from the Supply Chain Sustainability School
Free sustainability skills, training and support delivered to thousands of UK companies to help cut carbon.
The Building Safety Forum at the Installershow 2025
With speakers confirmed for 24 June as part of Building Safety Week.
The UK’s largest air pollution campaign.
Future Homes Standard, now includes solar, but what else?
Will the new standard, due to in the Autumn, go far enough in terms of performance ?
BSRIA Briefing: Cleaner Air, Better tomorrow
A look back at issues relating to inside and outside air quality, discussed during the BSRIA briefing in 2023.
Restoring Abbotsford's hothouse
Bringing the writer Walter Scott's garden to life.
Reflections on the spending review with CIAT.
Retired firefighter cycles world to raise Grenfell funds
Leaving on 14 June 2025 Stephen will raise money for youth and schools through the Grenfell Foundation.
Key points for construction at a glance with industry reactions.