Affordable housebuilding hits seven-year high

Affordable housing London

But fears remain over future delivery amid cost inflation and looming downturn

Affordable housing completions rose to the highest level since 2015 in the year to March as the industry recovered from the covid pandemic, according to the latest official data.

Figures released today by the Department for Levelling Up, Housing and Communities reported that 59,175 affordable homes were built in the 2021/22 financial year, 13% up on the covid-hit prior year, with just under two-third of the homes for rent.

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