The GHA works with the States Housing team and States of Guernsey committees to offer more affordable housing for Guernsey residents on lower incomes. It does this by providing social rented houses and selling partial ownership homes which can be sold back to the company.
Last year, the company managed 672 rented homes, including extra-care flats and key worker homes, and 219 partial ownership properties.
So far, 63 of the partial ownership homes have been resold with 27 of those people going on to buy in the private sector.
Pictured: The GHA’s annual report for 2018.
50 new homes were built throughout 2018 with a further 89 under construction designed for single occupancy, families, older people, key workers and people with autism.
The GHA brought in £8.6m through rental income over the 12 months which will go towards its £84m long-term debt for building work. Meanwhile, it spent £11m on construction and £1.54m more on maintenance.
Thousands of repairs and routine maintenance checks were carried out over the course of the year, with 99% of repairs completed within set deadlines.
You can find out more about the Guernsey Housing Association on its new website gha.gg which was launched in October last year.