Provisional data from the Homes and Communities Agency shows there were 7,686 completions through Low Cost Home Ownership products including 997 Homebuy Direct sales, between April and September 2009.
136 housing schemes have to date been announced as approved for investment under the Kickstart programme. Contracts are being finalised and workers are returning to sites over the coming weeks. Details of approved schemes are posted on the Homes and Communities Agency’s website, at:
We know there is a strong case for building more housing generally and more affordable housing in particular. In order to better understand the relationship between supply and identified need CLG has commissioned a housing need analytical model from Heriot-Watt university which will improve our understanding of the impact of housing supply on housing need going forward. It is hoped this will be available to the Department by the end of the year.
There were 4 million LA and RSL owned homes in England in 2007 and we are spending £7.5 billion over the two years 2009-10 and 2010-11 to deliver around 112,000 affordable homes.