The Housing Corporation published its annual report and accounts 2006-07, which show that it has exceeded investment targets again with its best ever performance.
Highlights for 2006-07 include:
41,657 affordable homes delivered - some 5,000 up on target.
In London, the proportion of larger family homes invested in has been increased to 40.5% - beating the target of 35%. Over 4,000 families have benefited as a result.
Cutting the costs in the supply of new affordable homes by £168 million nationally. The Corporation has also helped associations reduce the cost of management and maintenance by £131 million, capital works by £79 million, and commodity goods and services by £26 million over the past year.
The report also shows that the Corporation has:
The lowest number of housing association supervision cases in its history.
Addressed housing shortages in the countryside with the publication of a revised rural strategy setting out how the Corporation intends to improve the delivery of rural homes: 3,014 homes were approved as part of a two-year target of 6,332 homes in 2006-08.
Signed a national protocol with the Local Government Association, which will improve joint working with local authorities. Pilot protocols have also been signed with individual councils in every government office region in England.