Affordable delivery stats on the up for housing associations

Numbers top the highest annual total since NHF started its Supply Data survey.

Builder on a construction site building a new house

Housing associations started 43,666 affordable homes in the year ended September 2019, the highest annual total since NHF started its Supply Data survey.

And that number is up 16.5% on the period to September 2018.

The survey started in 2016 as a response issues with the available data on the supply of new housing association homes.

Housebuilding figures published by MHCLG acknowledge that the tenure split used has its limitations and is not the best source of information on new build affordable housing.

Data published by the Homes England and the Greater London Authority is said to only capture activity within the programmes they fund, – missing out on provision of homes outside these programmes, whether they are market or sub-market products.

To see a more complete picture, NHF collects  data on new development directly from developing housing associations – including affordable homes delivered by the private sector through Section 106 agreements, but acquired and owned by associations.

With a response rate running at 88%, NHF acknowledges the stats will be a slight underestimate of actual totals.

Survey respondents represent 92% of total stock owned by developing associations, indicating that the majority of non-respondents are smaller organisations.

Overall, then, a sample of latest stats shows associations:

  • Started 43,666 affordable homes in the year ended September 2019
  • Completed 38,646 affordable homes in the same period, an increase of 5.5% on the year to September 2018
  • Started 51,213 homes of all tenures in the 12 months up to and including September 2019, up 13.5% on September 2018.
  • Completed a total of 45,944 homes in the same period, an increase of 7.9%
  • Completed 10,739 homes in 2019/20 Q2, an increase of 5.2% on the same quarter last year

Other figures confirm:

  • 10,613 homes of all tenures were started in 2019/20 Q2, down 3.7% on the same quarter last year
  • 39% (4,136) of all homes started were delivered outside the Affordable Homes Programme in Q2
  • 46% (4,928) of all homes completed were delivered outside the Affordable Homes Programme in Q2
  • 48% (4,569) of affordable starts were delivered through Section 106 agreements in Q2
  • 55% (4,947) of affordable completions were delivered through Section 106 agreements in Q2.

The stats show significant regional variations in the number of homes being delivered across the country with the majority of development takes place in London and the South East.

Competitively fewer were delivered in the  North East and Yorkshire and Humber – where the housing crisis takes a different form.

Using Section 106 as a mechanism to deliver new homes is also shown to vary across the country.

As a proportion of affordable delivery, this proved a particularly important way of starting new homes in the East of England and Yorkshire and Humber this quarter.

Seen in terms of the volume and proportion  of affordable housing delivered, Section 106 was prominent for completions in the South East.

 

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