Anchor insists it is on track with development despite missing targets

Anchor's Meadow Court (002)

Older people’s housing specialist delivers just 17% of homes targeted in 2022/23 financial year

Housing association Anchor said it remains on track to hit its long-term goal of building 5,700 homes over a decade, despite delivering less than a fifth of the number of homes targeted in the last financial year.

The 48,000-hom specialist older people’s provider said in its report and accounts for the year to March that just 82 of its homes reached practical completion in the year, 17% of its target number of 479, with the organisation blaming “materials and labour shortages” for delaying projects.

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