The Housing Corporation invests in new affordable homes and in adapting or replacing existing buildings. Our aim is to help create sustainable homes and neighbourhoods that people choose to live in and stay in.

In 2006-08, we’ve invested £3.9 billion in 84,000 new affordable homes throughout England. A yearly breakdown of what has been built, both nationally and regionally, is given in our Outturn statements. Further regional investment information is given on our regional pages.

In 2008-11, we’re investing £8.4 billion in affordable homes.

Our principal investment fund is known as the National Affordable Housing Programme, or NAHP for short. In autumn 2007 we published the NAHP 2008-11 Prospectus, which outlines our priorities for funding over the three-year period. In addition to the standard bidding rounds, we will carry our regular market engagement over the course of the programme to attract additional bids. (Details of this are available in the document Regular Market Engagement: Guidance, which can be found in the right-hand column of this page.)

In addition, our Innovation and Good Practice (IGP) grant fund supports projects across a wide range of themes, including resident involvement, promoting modern approaches to construction, and tackling homelessness and anti-social behaviour.