Ten Billion for Affordable Homes | Manchester News

A massive $10 billion investment is launching to tackle the housing crisis, aiming to build tens of thousands of new homes nationwide—especially targeting families stuck in temporary housing or on decade-long waiting lists. Sixty percent of the funding will go toward social rent, ensuring deeply affordable options for those who need them most. Leaders are rallying behind the vision that no child should grow up in a hostel and no family should wait years for a real home. Greater Manchester alone is set to receive over $500 million, creating nearly 4,400 homes as part of a broader goal to deliver 50,000 affordable units by 2039. This bold, ten-year plan empowers local governments and housing groups to build the homes communities desperately need.

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