United Kingdom Industry News

12/06/2012

Shapps Welcomes 'Dramatic' Increase In Affordable Homes

Housing Minister Grant Shapps today welcomed new figures showing a "rapid and dramatic" increase in the numbers of new affordable homes being built.

Figures published today by the Homes and Communities Agency show that affordable housing starts in the six-month period to March 2012 were up by nearly 15,000 compared to the first half of the last financial year.

At the same time, the numbers of affordable homes for rent and affordable home ownership completed in the 12 months to March stood at over 51,000.

- - - - - - Advertisement - - - - - -

Mr Shapps said: "Far from the predictions of the doom merchants, today's figures show work has started on over 15,000 new affordable homes since last September - a massive increase on the previous six month period. This is clear evidence that our efforts to get Britain building are starting to yield impressive results.

"I am also impressed at how, as we've moved to our new housebuilding programme, developers up and down the country have taken up the exciting opportunity to build thousands of new affordable homes. This rapid and dramatic progress means that we are well on track to exceed all original expectations and deliver up to 170,000 new affordable homes over the next few years.

"But even with the need to cut the record deficit we inherited, I'm clear there's still more to do. That's why on top of the £4.5billion we're investing in affordable homes, we're also spending £1.3billion to get stalled developments back on track and to build the infrastructure needed to unlock sites for housing."

(CD)
Bookmark and Share

Top Stories
24/05/2013
Elliott's Field Retail Park To Be Redeveloped
24/05/2013
Construction Begins On Primary School In Coventry
24/05/2013
Govt Backs New Homes For Devon
24/05/2013
Work Begins On New Homes In South Normanton
24/05/2013
Dev Secs Secures Resolution To Grant Planning For £150m Regeneration Scheme
24/05/2013
BPF Calls For Further Reforms To Judicial Review
24/05/2013
Sewer Repairs In Reading Complete
24/05/2013
Lewsiham Homes Fined After Woman Breaks Jaw
23/05/2013
Interserve Acquires Interiors And Refurb Firm
23/05/2013
L&Q Finalises Planned Maintenance Programme
Construction News Archive
Submit News Story
Editorial Staff
Elliott's Field Retail Park To Be Redeveloped
Construction Begins On Primary School In Coventry
Govt Backs New Homes For Devon
Work Begins On New Homes In South Normanton
Dev Secs Secures Resolution To Grant Planning For £150m Regeneration Scheme
BPF Calls For Further Reforms To Judicial Review
Sewer Repairs In Reading Complete
Lewsiham Homes Fined After Woman Breaks Jaw
Interserve Acquires Interiors And Refurb Firm
L&Q Finalises Planned Maintenance Programme
Ardmore Appointed To Build 92 New Homes
Morgan Sindall Completes £17.9m Leisure Centre Project

Woolwich Murder: Two Arrested Over 'Offensive' Twitter Comments
BBC To Close Its Digital Media Initiative
Heathrow Closes Runway After A Plane Makes An Emergency Landing
High Court Rules Sally Bercow's Lord McAlpine Tweet Libellous
Call For Action To Develop Children's Resilience To Pornography
Rochdale Council Apologises Over Child Sex Abuse Cases
Soap Stars Lead Unhealthy Lifestyles According To New Research
Soldier Killed In Woolwich 'Machete' Attack
Dr Admits Filming Sex Offences Against Patients
Five Arrested After Nursery Sex Abuse Allegation
Charities Highlight Rise In Children Abusing Children
14-Year-Old Rescued From Chimney
Net Migration Falls In Year To Sept 2012
Other News In Brief
download the build app from the app store
ppa.co.uk
Flagship Media Group Ltd
Unit C3, 6 Westbank Drive, Belfast,
BT3 9LA, Northern Ireland
Tel (+44) 28 9031 9008
Contact : Click here

keycons003 / keycons003x21 25/05/2013 00:13:38 / A4 / B4 / 0, 50.17.109.248 / BOT1

Shapps Welcomes 'Dramatic' Increase In Affordable Homes - Housing Minister Grant Shapps today welcomed new figures showing a "rapid and dramatic" increase in the numbers of new affordable homes being built.
Test