Housing association development forecasts back to ‘pre-pandemic levels’

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Providers expect to build 378,000 homes over next five years

The Regulator of Social Housing (RSH) has said expected housing association development output is now back to pre-Covid-19 levels.

The RSH, in its annual Sector Risk Profile document, based on mandatory information submitted by all associations with 1,000 homes or more, said forecast development has now “broadly returned” to the levels outlined in 2019.

It said that “providers reprofiled development forecasts in response to COVID-19 disruption, planned increases in major repairs expenditure and the new affordable homes programme.”

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