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15/06/2011

Social Housing Sector 'Strong' Despite NIFHA Suspensions

The provision of social housing has been unaffected by the suspension of seven registered housing association members of the Northern Ireland Federation of Housing Associations (NIFHA), the organisation has said.

In 2010-11 NIFHA’s developing registered housing association members had a record start figure of 2,418. They collectively invested £100 million of private funds in the Social Housing Development Programme and conservatively estimate the additional impact of their development work on Northern Ireland’s economy will be in excess of £650m with over 1,000 much needed jobs being sustained within the construction industry.

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Concerns were raised during recent inspections and the housing associations are working with the Department for Social Development to resolve the challenges. In the meantime the programme is being delivered.

NIFHA’s concerns lies with the prevailing economic situation. Severe budget cuts, slashed rates of capital subsidy and tighter private borrowing conditions will be the main factors which impact on the delivery of the Social Housing Development Programme.

Chris Williamson, NIFHA’s Chief Executive commented: "Our sector is strong, sound and resilient. We have shown there has been no impact on the delivery of the overall social housing development programme as a result of the DSD suspensions. Our members look forward to delivering homes, sustaining communities and supporting Northern Ireland plc."

(GK)

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