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
Architects, architecture, buildings, and inspiration in film
The close ties between makers and the movies, with our long list of suggested viewing.
SELECT three-point plan for action issued to MSPs
Call for Scottish regulation, green skills and recognition of electrotechnical industry as part of a manifesto for Scottish Parliamentary elections.
UCEM becomes the University of the Built Environment
Major milestone in its 106-year history, follows recent merger with London School of Architecture (LSE).
Professional practical experience for Architects in training
The long process to transform the nature of education and professional practical experience in the Architecture profession following recent reports.
A people-first approach to retrofit
Moving away from the destructive paradigm of fabric-first.
International Electrician Day, 10 June 2025
Celebrating the role of electrical engineers from André-Marie Amperè, today and for the future.
New guide for clients launched at Houses of Parliament
'There has never been a more important time for clients to step up and ...ask the right questions'
The impact of recycled slate tiles
Innovation across the decades.
EPC changes for existing buildings
Changes and their context as the new RdSAP methodology comes into use from 15 June.
Skills England publishes Sector skills needs assessments
Priority areas relating to the built environment highlighted and described in brief.
BSRIA HVAC Market Watch - May 2025 Edition
Heat Pump Market Outlook: Policy, Performance & Refrigerant Trends for 2025–2028.
Committing to EDI in construction with CIOB
Built Environment professional bodies deepen commitment to EDI with two new signatories: CIAT and CICES.
Government Grenfell progress report at a glance
Line by line recomendation overview, with links to more details.
An engaging and lively review of his professional life.
Sustainable heating for listed buildings
A problem that needs to be approached intelligently.
50th Golden anniversary ECA Edmundson apprentice award
Deadline for entries has been extended to Friday 27 June, so don't miss out!
CIAT at the London Festival of Architecture
Designing for Everyone: Breaking Barriers in Inclusive Architecture.
Mixed reactions to apprenticeship and skills reform 2025
A 'welcome shift' for some and a 'backwards step' for others.