Clarion Housing boosts capital investment in new homes by 20%

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Spending by housing association on new homes rose to £510m in 2018/19

Clarion Housing Group said its capital investment in new homes rose 20% last year, ahead of its latest annual report and accounts being published in July.

The housing association said it ploughed £510m into new homes in 2018/19, compared with £427m in 2017/18.

Clarion said it had started building 2,663 homes in the latest financial year, with 85% of those being affordable.

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