The Homes and Communities Agency (HCA) has exceeded its end of year housing targets, with housing starts up 22%, despite the economic downturn.
But the HCA exceeded its key outputs for 2009-10, completing a total of 64,811 housing starts on site against a target of 53,315, and 56,118 housing completions in England against a target of 52,325 in the year ending 31 March 2010.
Over half of the housing starts were in London, the South East and the South West and over half of the housing completions in London, the South East and the East.
The HCA runs the National Affordable Housing Programme (NAHP), Kickstart Housing Delivery Programme, the Local Authority New Build Programme (LANB) and Property & Regeneration (P&R) programme.
Chief executive of the HCA, Sir Bob Kerslake, said: “'These figures further demonstrate what we believe has been a successful first year. We are making a significant impact in areas facing the greatest challenges in maintaining a supply of affordable housing.'
“Looking to the year ahead, whatever the outcome of the June Budget, it is clear that with less public funding available to support housing, we will need to focus our efforts where they have most impact at local level and drive value for money in key areas such as affordable housing.”