Autumn Budget and Spending Review 2021

27 October 2021

On 27 October 2021, the Chancellor delivered his second budget of the year in the House of Commons and set out the government's spending plans for the next three financial years.

We made our submission to the government ahead of the Autumn Budget and Spending Review on behalf of the sector, focusing on the vital role that housing associations play in meeting the government’s priorities, and what actions and investment is needed to achieve even more.

You can read a summary the key announcements made by the Chancellor below, along with our member briefing, response, and our original submission. 

If you have any questions, please get in touch using the contact details below.

Key announcements

On housing:

  • Confirmation of £800m for the Social Housing Decarbonisation Fund, which can be used by housing associations to carry out energy efficiency upgrades in homes.
  • Confirmation of £1.8bn to use 1,500 hectares of brownfield land.
  • Reconfirmation of the £5bn to remove unsafe cladding from the highest risk buildings, partially funded by the Residential Property Developers Tax.
  • Reconfirmation of the £11.5bn Affordable Housing Programme, as part of a multi-year housing settlement of £24bn.
  • Confirmation of £639m a year for rough sleeping and homelessness by 2024, a cash increase of 85% compared to 2019-20. We are seeking clarity on whether this is new additional funding, and the timing and scope of this commitment.
  • An additional £65m investment to improve the planning regime, through a new digital system.

On levelling up:

  • The first 105 allocated places are set to receive funding, including for regeneration, from the £4.8 billion Levelling Up Fund.
  • Reiteration of plans to publish the Levelling Up White Paper later this year.
  • Reconfirmation of the UK Shared Prosperity Fund worth over £2.6bn, focused on funding programmes to help people into jobs in places of greatest need.

On supporting jobs and people:

  • By 1 December this year, the Universal Credit taper rate will be cut by 8%, with the work allowance rising by £500.
  • Confirmation that skills spending will increase by £3.8bn this Parliament, with a new UK-wide numeracy skills programme announced.

Read our Spending Review member briefing

Our briefing provides further details on the key announcements from Autumn Budget and Spending Review 2021, and includes our response to each. 

Download our briefing

Read our response to the Chancellor's Budget

Today’s budget is a welcome commitment of support in key areas, after a year that has seen families across the country struggling to afford the cost of living.

Read our response

Read our Spending Review submission in full

Following feedback from our members and conversations with government officials, we’ve finalised our submission ahead of the Autumn Budget and Spending Review 2021.

Download our submission

Our submission in the news

Who to speak to

Evelyn Williams, Policy Officer