Thursday, 7 October 2021

Housing Association Housebuilding Completions Drop By Fifth

 The number of homes built by housing associations fell by almost a fifth in the 2020/21 financial year due in part to the pandemic. Data collated by the NHF showed that approximately 44,000 homes of all tenures were started in 2020/21, with 38,200 completed. In terms of homes built, housing associations completed 4,240 social rent homes, a decline of 13% on 2020. Affordable rental home completions fell by 19% to 16,038 and affordable homes for sale fell by 19% to 11,959. Total affordable home completions stood at 32,237 a drop of 18%. Market rent completions stood at 1,095 during the year, a drop of 12%, and market sale homes dropped 19% to 4,910. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/news/housing-association-housebuilding-completions-drop-by-fifth-72715

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