Following the government’s announcement of a £39bn Affordable Homes Programme and a 10-year rent settlement, AJC Group has welcomed the move as a transformative moment for the affordable housing sector.

The Dorset-based developer, who has previously called for long-term funding certainty and a renewed focus on rebuilding the housing ladder, believes the commitments signal a major shift in the government’s approach to tackling the housing crisis.

David Cracklen, Director at AJC Group, said: “Today’s long-awaited announcement marks a once-in-a-generation opportunity to crack the housing crisis and rebuild the housing ladder for those who’ve been locked out for too long.

“The £39bn Affordable Homes Programme and 10-year rent settlement at CPI plus 1% are a major step forward – offering the long-term certainty the sector has long called for. These measures, combined with a consultation on rent convergence, demonstrate that the government is finally treating social housing as essential infrastructure and a national priority.

“At AJC Group, we’ve been clear that this isn’t just about building homes, it’s about building the right homes, in the right places, that people can genuinely afford. The housing ladder has all but collapsed for millions, and this programme gives us the runway to begin rebuilding it properly.

“We strongly welcome the scale and ambition of what’s been announced, but delivery is now the real test. This is the moment for developers, housing associations and local authorities to come together and move fast. We need to make this decade of investment count.

“These reforms will empower SME developers, councils, and housing associations to accelerate the delivery of genuinely affordable homes. At AJC Group, we’re ready to play our part, helping to deliver not just homes, but lasting opportunity and renewed hope for communities across the country.”

To find out more about AJC Group and its work across the region, visit www.ajcgroup.uk.