The coalition government is set to deliver more homes per year than any other administration for the past 20 years, according to the first major analysis of its affordable rent programme. A detailed study carried out by Hometrack suggests housing associations will build an average of 34,000 affordable homes a year in England until 2015. This would be almost double the 17,141 new affordable homes built by housing associations each year under Tony Blair’s government. It is also substantially higher than the 24,453 affordable homes delivered by Gordon Brown and the 26,065 delivered by John Major. Half the new homes will be funded by the new regime the government is calling ‘affordable rent’ - under which associations can set rents at 80 per cent of the market rate. The remainder were already in the pipeline when the coalition came to power. Read more on Inside Housing.
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