United Kingdom Industry News

12/06/2012

HCA Publishes Official Housing Statistics

The Homes and Communities Agency (HCA) has exceeded its 2011-12 target for housing completions, delivering on its key programmes and making a significant contribution to government aspirations to deliver up to 170,000 new affordable homes by 2015.

The government's national housing and regeneration body today published its latest set of official six-monthly statistics in relation to housing starts and completions delivered through its National Affordable Housing Programme (NAHP), Affordable Homes Programme (AHP), Kickstart Housing Delivery Programme, the Local Authority New Build Programme (LANB), the Accelerated Land Disposal Programme (ALD), the Economic Assets Programme (EAP), FirstBuy, Mortgage Rescue, and the Property & Regeneration (P&R) Programme.

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The top line figures, show that the Agency exceeded its key outputs for 2011-12, achieving a total of 59,451 housing completions in England against a target of 41,000, and 19,967 housing starts on site, in the financial year ending 31 March 2012.

Chief executive of the HCA, Pat Ritchie, commenting on the figures, said: "This is a good result and we are where we expected to be in our delivery programme. The numbers demonstrate strong completions and a solid platform on which to build, especially when put into context alongside the HCA’s wider delivery work. It also shows we are making a significant impact on boosting the supply of affordable homes in the areas where they are most needed, in partnership with local authorities and providers across England.

"Our teams have worked hard and we will continue to look at more innovative ways of working with and supporting our delivery partners, most significantly through our Affordable Homes Programme as it gathers momentum.

"We will be reviewing and monitoring delivery for the coming year of the Programme, to ensure that our funding offers the best value for public money and helps meet government aspirations of delivering up to 170,000 new homes by 2015."

(CD/GK)
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HCA Publishes Official Housing Statistics - The Homes and Communities Agency (HCA) has exceeded its 2011-12 target for housing completions, delivering on its key programmes and making a significant contribution to government aspirations to deliver up
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