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Housing Today
Trusted media brand of the Chartered Institute of Housing
Thirteen Group ploughs additional £57m into developing new homes and increases surplus
The 36,000-home housing association invested almost £250m in new and existing homes over the year
Thirteen Group increased its investment in housing development by 75% in the 2023/24 financial year, spending a total of £133.8m on delivering new homes.
The North-east landlord built 542 homes for rent and shared ownership during the year, slightly below its target of 550, but up from the 454 homes delivered in 2022/23.
Thirteen plans to increase its housing delivery again this year, with a target to build 650 new homes. Over the next five years, Thirteen plans to deliver 1,861 new homes.
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