Affordable homes boost in the east

MORE affordable homes have been provided in the East of England in the last two years than in any previous two-year period, exceeding the government's target by almost 1,000.

MORE affordable homes have been provided in the East of England in the last two years than in any previous two-year period, exceeding the government's target by almost 1,000.

The East of England Regional Assembly (EERA) has revealed more than 10,700 affordable homes have been made available to individuals and families in the region who cannot afford to buy on the open market between 2006 and 2008 - a 38per cent increase on 2004-2006.

The affordable homes were delivered based on local housing need and applications for funding from local authorities, developers and housing associations.

EERA said it intend to keep the issue at the top of its agenda for the foreseeable future but admitted it would struggle to meet demand.

Cllr Susan Barker, Chairman of EERA's Housing and Sustainable Communities Panel, said: “This is fantastic news for many residents in the East of England. With house prices still high and mortgage lenders becoming ever more cautious, the provision of affordable homes is vital in helping those priced out of the open market onto the property ladder.”