AI Summary

The 2026 Budget will allocate more than £1 billion for social and affordable housing in England, pushing the government's 10‑year homes programme beyond £40 billion in total funding. The announcement also promises expanded powers and additional resources for mayors and regional leaders across the country. Councils will be able to borrow from the government at preferential interest rates to invest in housebuilding, facilitating the delivery of new homes under the expanded programme.

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