Housing Corporation News Release     

Fourth affordable homes developers report – November 2008  

Tuesday 25 November          ref: 85/08

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

Ends.

For more press information please contact Katy Nicholson on 0207 393 2115

Notes to editors
1) 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.

2) 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.