Labour has challenged Chancellor Rishi Sunak to make up a £27 billion shortfall in social housing funding in Wendesday's budget.
If the Tories had maintained the level of investment in social homes when they came to power in 2010, there would be 200,000 more of these homes today, according to the party’s analysis.
Instead, the number of new, Government-funded homes for social rent has fallen by 30,000 a year.
The number of households renting from private landlords rising by more than a million over 10 years.
Shadow Housing Secretary John Healey said: “The country’s housing crisis is Conservative-created.
“After ten years of failure on housing, the Budget this week must mark a major change to start to undo the damage done over the last decade.”
Labour ’s analysis of government figures show that, adjusting for inflation, billions have been cut from affordable housing budgets of Homes England and the Greater London Authority since 2009/10, when the coalition government took power.
It comes as Mr Sunak is expected to announce a £643 million package of investment to help rough sleepers off the streets and support them to get their lives on track.
Housing Secretary Robert Jenrick said: “I’m determined that we end rough sleeping in this Parliament, meeting our moral obligation to support the most vulnerable in society.
He added: “We will be bringing together housing, addiction, mental health and the criminal justice system as never before to tackle this social ill from every angle.
“The coordinated effort that we will now pursue, beginning with this review, builds on the progress we have made in recent years, reducing the number of people sleeping on the streets.”
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