Abri’s housing completions decreased by 19% last year, falling from 1,017 homes in 2023 to 821 homes in the financial year ending 31 March 2024. As part of a strategic partnership with Homes England, the housing association plans to deliver 10,000 homes by 2030.

During the same period, Abri spent a ‘record level’ of £100m across all categories of repairs and maintenance. This figure included £5m of investment in building and fire safety, £4m to make its homes more energy efficient and £1m to tackle the root causes of damp and mould.

Due to the merger with Silva Homes in October 2023, Abri reported an ‘exceptional surplus before tax’ of £520m, which includes a £464m gain from Silva Homes becoming an Abri subsidiary. This amount represents the fair value of Silva Homes’ net assets at the time of acquisition.