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For immediate release

Local housing association, Hundred Houses Society, has gained four green lights in a recent assessment by housing regulator, the Housing Corporation. In the review the Housing Corporation looked at all aspects of the Society’s work and the involvement of its customers in delivering services, such as property maintenance and development, housing management and financial control.

The Housing Corporation said that it found that the Society’s mission statement to provide high quality affordable housing and sustainable neighbourhoods was being delivered. The Society is in a healthy financial position, with a high quality governing board with a good range of skills and experience. Overall tenant satisfaction is high and performance is above national average levels, particularly in reletting properties, rent collection and repairs.

In 2005/2006 the Society spent £1.163million in government grants building new homes and raised £17million in loan funding. In partnership with Aldwyck Housing Association, the Housing Corporation has allocated the Society £3.17million to produce a further 101 homes over the next two years.

The Society's chairman, Mark Freeman said, "We are pleased that the Housing Corporation has recognised our work in providing housing in one of the most expensive counties in eastern England at a price that local people can afford."

ENDS

Note to Editors

1. More information at www.hhs.org.uk or by contacting This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , Chief Executive on 01223 315036

2. The Housing Corporation’s website is www.housingcorp.gov.uk

3. Hundred Houses Society manages 720 homes in Cambridge, and is building 160 more in Cambridgeshire and north Essex

4. Housing associations are grant funded by the Housing Corporation and raise money by bank and building society loans to buy land to build new homes