Abri, one of the south’s largest housing providers, has revealed performance highlights from its development programme for the 2021/22 financial year, including fulfilling 13 per cent of its target to build 12,500 new homes by 2030.
Abri, which looks after 100,000 customers across 40,000 homes and assets, has completed 849 new homes this financial year and secured plots for a further 1,087 homes for the upcoming 2022/23 pipeline.
In addition to land acquisitions, Abri completed on 299 new home sales. Abri predicts this strong demand to continue with 38 per cent of its new homes forward sold for the 2022/23 financial year.
Stephen Lodge, Executive Director Development and Strategic Asset Management at Abri said: “We’ve made significant progress towards reaching our target of 12,500 new homes by 2030 and in the last two years, since Abri was formed, we’ve delivered 1,650 new homes. Despite a difficult year of interruptions to building supplies and challenges again to the economy, we’ve responded positively to continue to make sure people have a safe, warm and sustainable home.
“We remain passionate about building sustainable and thriving communities and thank all our partners who have helped us achieve this. In September 2021 it was great to be named a strategic partner with Homes England and through collaboration we’ll continue to build more affordable homes. Our strong pipeline means we can continue to do this in 2022, putting us in a great position to reach 12,500 new homes by the end of the decade.
“Working collaboratively is extremely important to us and, together with our Wayfarer partners, Abri has delivered 1,237 new homes in the financial year 2020/21.”
The provision of affordable homes across southern England was also strengthened during 2021/22 through the Wayfarer Partnership, a consortium of 18 housing associations and local authorities. The consortium has completed a further 388 new homes this financial year, including homes for rent and Shared Ownership, as well as specialist homes funded by the Move On, Next Steps and Rough Sleepers Accommodation Programmes.
