Independent report

Report on the proposed subsidy for capitalisation of the National Housing Bank by Homes England

The Subsidy Advice Unit (SAU) has published a report providing advice to Homes England concerning its proposed subsidy for the capitalisation of the National Housing Bank.

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The SAU has published its report providing advice to Homes England concerning the proposed subsidy for the capitalisation of the National Housing Bank.

The report sets out the SAU’s evaluation of Homes England’s Assessment of Compliance of its proposed subsidy with the requirements set out in the Subsidy Control Act 2022.

For more information visit the Referral of the proposed subsidy for capitalisation of the National Housing Bank by Homes England case page.

Updates to this page

Published 19 February 2026

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