A report released by the Department for Communities and Local Government (DCLG) has revealed that Essex housing association CHP was responsible for delivering one in every 55 housing association homes in 2011-2012.
Based on the DCLG’s House Building: March Quarter 2012 England report, 26,770 housing association properties were completed throughout England last year, with CHP delivering 485 (1.8%) of affordable homes to the national programme.
The company, which works with 11 of Essex’s 14 local councils along with the county’s unitary authorities, invested £37 million into the Essex economy – by employing local construction companies, architects and surveyors – from April 1st 2011 to March 31st 2012.
Carl Hockey, CHP Development and Regeneration manager, said: “The fact that we were responsible for delivering such a high number of affordable homes in a year to Essex residents is fantastic.
“Coupled with the launch of two more CHP building subsidiaries – which means that we’ll continue to offer residents the tenure and properties that they want and need in their local community – is testament to our long-term development programme.”
Having expanded its operations remit, CHP has converted to a charitable business and launched a development subsidiary, Myriad Homes and a build company, Myriad Housing, which will help the company develop nearly 220 properties throughout the county in 2012/2013.
The company also became one of the first housing associations in the East of England area to sign a Short Form Agreement with the Homes and Communities Agency, allowing it to set rents up to 80% of the local market rates by utilising the Government’s new affordable rent programme.