Following the recent Emergency Budget (22nd June 2010), the Homes and Communities Agency (HCA) announced (6th July 2010) that its Capital budget for 2010/11 would only be reduced by 10% leaving it with £4.11 billion to fund further investment in new affordable homes.

The detail of the HCA?s investment priorities will become clearer over the next few days ? but this is good news for those of us involved in the delivery of mixed tenure affordable housing developments. At the last count there were some 4.5 million people on the housing waiting list (NHF 22nd June 2010) and the confirmation of the availability of funding will go some way to easing this acute housing need and keep many employed in the construction and associated industries.

So is it business as usual ?

It's Simply Housing.