Early indications of year-end figures show it is on course for a “very strong year of delivery”, chief executive Pat Ritchie has revealed.
The results will be formally reported in June, but the agency said it anticipates reporting a strong performance in housing starts and completions, despite uncertain market conditions.
The HCA’s total programme investment for the year was within budget at £2.3 billion, including a £1.2 billion investment in the National Affordable Housing Programme.
It bought 182 hectares of previously redundant land back into use against a target of 160 hectares.
Jobs and economic growth were given a boost through the creation of 149,000 sq m of employment floorspace, against a target of 87,000 sq m.
Pat Ritchie said:“Despite the backdrop of continued economic uncertainty and a period of great change for the agency, I am pleased to report that we have nevertheless met or exceeded our delivery targets. “We have utilised our enabling role to help communities achieve their housing ambitions, and significantly invested in the places that need it most.
“This has been achieved at the same time as launching our major new delivery programme, the £1.8bn affordable homes programme, completing an organisational restructure and taking on new responsibilities.
She added: “The year to come will be nonetheless challenging as we continue to deliver on all these key areas of the agency’s business.
“Alongside the AHP we will be implementing the new regulatory framework, prioritising the accelerated delivery of land, and getting stalled sites moving again through Get Britain Building.”
