Affordable Housing Supply, England, 2007-2008
| Published |
18 December 2008 |
| Type(s) |
Statistics
|
| Site |
Corporate |
| ISBN |
9781409809876 |
| Price |
Free |
Summary
The latest statistics on gross affordable housing supply in England were released on Thursday 18 December 2008.
Key points from the release are:
- A gross total of 53,730 additional affordable homes were supplied in England in 2007-08. This is an increase of 21 per cent from 44,570 additional affordable homes supplied in 2006-07, and is the highest number of new affordable homes provided in England since 1996-97.
- 29,370 new affordable homes were made available for social rent in 2007-08, while 24,360 homes were provided through other intermediate housing schemes including shared ownership and shared equity, up 19 and 23 per cent respectively on the previous year.
- New build homes accounted for 43,560 or 81 per cent of all new affordable homes supplied in 2007-08, a similar proportion to 2006-07.
- New build homes funded by the Housing Corporation accounted for 65 per cent (34,790) of total additional affordable homes supplied in 2007-08, a similar proportion to the previous year. Acquisitions by the Housing Corporation accounted for 13 per cent of gross additional supply in 2007-08. The remainder of affordable homes supplied were funded by other sources.
- Just under half (47 per cent) of national supply of new affordable homes was provided in London and the South East in 2007-08.
- Eight out of nine regions experienced an increase in new affordable housing supply in 2007-08, with the North East showing a decrease of only 350 homes.
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