Deputy prime minister Angela Rayner has boosted the Affordable Homes Programme with an extra £300m and also allocated an extra £50m for the Local Authority Housing Fund.

The boost follows on from the £500m investment at the Budget for up to 5,000 more homes affordable homes, further backing the programme’s original £11.5bn which is expected to result in up to 130,000 homes by 2026.

The investment will support a mix of tenures, with a focus on delivering homes for social rent.

Rayner said the extra funding supported plans to get Britain building and deliver the biggest increase in social and affordable housebuilding in a generation, turning the tide against the unacceptable housing crisis in this country.