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Housing Today
Trusted media brand of the Chartered Institute of Housing
Housing associations increase development 22% but margins tighten
Providers pump a record £6.5bn into improving existing stock
Housing associations increased the number of homes they built by 22% last year but saw their margins tighten and their interest cover deteriorate.
The Regulator of Social Housing’s annual global accounts, which aggregates financial data from 204 associations, reveals providers built 49,000 homes in the year to 31 March 2022, up from 40,000 the year before.
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