Housing Corporation News Release

Third affordable homes developers report

Friday 15 August   ref: 63/08

From January 2008 the Housing Corporation initiated a regular survey of the 100 largest developers, seeking to ascertain views on funding and housing markets. The report from the Corporation's third survey, undertaken in July 2008, is now available.

Ends.

For more press information please contact Terry Sefton on 0207 393 2118.

Notes to editors

1) The Housing Corporation is responsible for regulating housing associations, which provide some two million homes across England.

2) The Housing Corporation is the Government's national affordable homes agency, responsible for investing in new affordable homes and regulating nearly 2,000 housing associations across England. The Corporation's £8.4 billion investment programme for 2008-11 is its biggest ever. Its previous investment programme of £3.9 billion for 2006-08 funded 92,752 homes; 52,929 of these for affordable rent, and 39,823 for affordable sale through the Government's HomeBuy initiatives, helping people to get a foot on the property ladder.

3) The Housing Corporation is working with English Partnerships and Communities and Local Government to establish the proposed Homes and Communities Agency and Tenant Services Authority by early December.