HCA surpasses housing delivery goals
The Homes and Communities Agency (HCA) surpassed its housing completion target for 2011-12, the government body has revealed.
Over the 12-month period, the agency achieved a total of 59,451 residential property completions across England, eclipsing its target of 41,000.
In addition, the number of housing starts on site stood at just under 20,000 in the financial year to March 31st.
The strong performance means the HCA made a positive contribution to the government's goal of delivering up to 170,000 new affordable homes by 2015.
These figures refer to the number of housing starts and completions achieved by several HCA projects, including the National Affordable Housing Programme, Affordable Homes Programme, Kickstart Housing Delivery Programme and Local Authority New Build Programme.
Pat Ritchie, chief executive of the HCA, said the figures are a "good result" and stated that the agency is where it expected to be in terms of its housing delivery strategy.
"The numbers demonstrate strong completions and a solid platform on which to build, especially when put into context alongside the HCA's wider delivery work," he explained.
"It also shows we are making a significant impact on boosting the supply of affordable homes in the areas where they are most needed, in partnership with local authorities and providers across England."
Mr Ritchie added that the HCA will monitor and review its output for the coming year of the programme as it attempts to make further headway toward reaching the Conservative-led coalition's housing delivery goals.
The announcement comes just a matter of weeks after up to 2,000 people looked around the first show homes at the new community of Cranbrook in east Devon.
Investment of £16.6 million from the HCA has supported the construction of the first 300 houses in the area and will help the delivery of around 1,100 properties in total.
The community is located just off the old A30 near Rockbeare, close to employment sites such as Exeter Science Park.
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