According to the latest figures released by the firm, three-quarters (76%) of new starts were for affordable homes, representing 28,191 starts. Of the housing completions, 24,023 (69%) were for affordable homes.
A total of 10,713 affordable homes started in 2020-21 were for Affordable Rent. There were 7,249 starts under schemes including Shared Ownership and Rent to Buy. There were 7,564 starts defined as 'Affordable Tenure TBC' homes, where the ultimate tenure category is not known until completion.
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The remaining 2,665 were for Social Rent, an 11 percent increase on the previous 12 months, continuing an upward trend seen over the last two years and is a reflection of the funding being focussed on intermediate tenures in the early years of the 2016-21 programme with the grant funding opening up to Affordable Rent and Social Rent in subsequent years.
Of the affordable homes completed, 13,306 were for Affordable Rent and 8,811 under Intermediate Affordable Housing schemes. There were 1,906 Social Rent completions, up 29 percent on the previous year.
Peter Freeman, Chair of Homes England, said: "The statistics released today show that we've kept making homes happen despite the huge impact of Covid-19 on the housing industry. Alongside this, throughout the pandemic we've also adapted as an agency, learnt more about our partners and found ways to support them; learning that will help us as we enter our next phase.
"We know there are still hurdles to overcome but we're encouraged by recent data to suggest the sector is recovering well.
"With increased Government support through the new £12bn Affordable Homes Programme, we're sure the foundations are in place for the housing sector to come back stronger to deliver the new homes the country needs."
