Affordable housing supply increases

Nia Williams

December 9, 2009

This is an increase of 4% from 53,480 additional affordable homes supplied in 2007-08 (revised), and is the highest number of new affordable homes provided in England since 1996-97.

31,090 new affordable homes were made available for social rent in 2008-09, while 24,680 homes were provided through other intermediate housing schemes including shared ownership and shared equity, up 5% and 4% respectively on the previous year.

New build homes accounted for 43,220 or 78% of all new affordable homes supplied in 2008-09, a small decrease on the proportion in 2007-08 (81%).

New build homes with funding from the Homes and Communities Agency accounted for 63% (35,320) of total additional affordable homes supplied in 2008-09, a similar proportion to the previous year. Acquisitions through the Homes and Communities Agency accounted for 17% of gross additional supply in 2008-09. The remainder of affordable homes supplied were funded by other sources.

London and the South East accounted for 23% and 19% respectively of new affordable homes in England in 2008-09. There was an increase in affordable housing supply in eight of the nine regions. London decreased by 2,360 homes.

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