[holding answer 29 March 2007]: We are on course to meet the target of delivering 30,000 social rented homes by 2008, a 50 per cent. increase on 2004-05.
We are expanding our programme of low cost home ownership, building on innovative private financing to help more people into partial ownership on a shared equity basis. We expect 120,000 households to access home ownership through publicly funded shared equity schemes in the five years to 2010.
Investment for 2008-09 to 2010-11 and plans for increasing social housing supply will be subject to the outcome of Comprehensive Spending Review 2007.