Midland Heart ‘on target’ to hit 4,000-home goal despite drop in completions

balance sheet accounts

Housing association posts increased turnover but reduced surplus

Midland Heart’s chair says the organisation is on track to hit its goal of building or acquiring 4,000 homes by 2025 despite a fall in annual completions.

The 34,000-home association, in its financial statements for 2022/23, today said it built 651 homes last year, down 8% on the 700 it completed the previous year.

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