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Affordable housing delivery up 22% from previous year in England, government figures reveal
Affordable housing delivery in England climbed 22% in 2018/19, the latest annual government figures reveal.
Official statistics published today show that 57,485 affordable homes were completed in 2018/19, up from 47,124 in 2017/18.
Of those delivered in 2018/19, 29,135 (51%) were for affordable rent, while 17,024 (30%) were for shared ownership.
A total of 6,287 (11%) of the homes delivered were for social rent, down from 6,679 the previous year.
Social rented housing delivery has generally declined since 2010/11 when 39,562 homes were completed, hitting a low of 5,895 in 2016/17.
The number of shared ownership homes delivered has increased 54% in the past year, from 11,084 in 2017/18.
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Of the total homes delivered, 53,044 (92%) were new builds, while 3,803 (7%) were acquisitions, and information was not available for the remaining 638.
The number of new build affordable homes completed is up 24% on the 42,939 affordable homes constructed in 2017/18.
Last week, government figures revealed that 241,130 additional homes of all tenures were delivered in England in 2018/19, the highest number in nearly 30 years.
Today’s numbers show that 24% of those were for affordable tenures, compared with 21% in 2017/18.
Affordable home starts are also up 10% from 55,555 in 2017/18 to 61,056 in 2018/19, with the majority of starts being for affordable rent (25,913) and shared ownership (20,868), which together made up over three-quarters of affordable homes started last year.
In 2018/19, 82% of all affordable homes were delivered by private registered providers, with local authorities delivering 11% and non-registered providers delivering 5%.
Nearly half (49%) of affordable homes delivered in 2018/19 were funded through Section 106 nil grant agreements, a number similar to 2017/18 (48%).
Section 106 agreements are agreed between local authorities and developers at the planning stage and are often used to force developers to deliver a certain percentage of affordable housing.
