02 September 2005
Plans to publish league tables showing the efficiency of housing associations and developers that receive government grant have been scrapped by the Housing Corporation.
Instead, the HC has announced that a new value-for-grant comparator, created jointly with the National Audit Office, will only be used internally by the corporation.
Organisations receiving grant are expected to contribute savings of £792m towards the £1.66bn required from the affordable housing sector over three years.
Jon Rouse, the corporation's chief executive, said better procurement would save £430m and lead to the building of an extra 8,000 homes.
PFsep2005
