The HCA was granted £390m by the Government this week to part-fill a £610m funding black hole.
The partial funding means there are a whole host of winners and losers under the HCA’s Kickstart programme to get new housing schemes going and the Local Authority New Build Schemes.
HCA chief executive Sir Bob Kerslake said: “We are pleased to have confirmation of the £390m and are working on how we can use it to maximise the impact for maintaining the supply of affordable housing and creating opportunity for communities.
“We can now firm up the position with our partners to create more certainty around schemes that have been on hold.
“It also means that we are now in a position to both meet commitments across our entire funding programme as well as providing funding for some additional affordable housing schemes.”
The overall effect of funding cuts for the HCA has been to reduce its annual budget for 2010/11 by around 10 per cent, to £4.11bn.