The Housing Corporation 

The Housing Corporation funds new affordable housing and regulates housing associations in England, including Moat.

The Housing Corporation undertakes its role by

• Investing.  They help develop and implement regional and national housing strategies, using public subsidy to procure affordable housing which provides quality homes in the places where our help is most needed.
• Regulating. They are the statutory regulator for housing associations. We drive improvements in housing association efficiency and performance, and help to ensure that associations continue to attract private finance at competitive rates to build and improve affordable homes.
• Influencing.  They help shape housing, community and regeneration policy nationally, regionally and locally.

, which provides public funding to build and renovate homes. When their 2004-06 programme is complete it will have invested £3.3 billion in over 62,000 affordable homes, and bidding for the 2006-08 programme is under way.

The Housing Corporation also oversee the injection of private finance into the affordable housing sector. Since 1989, private sector lenders have invested almost £20 billion in housing associations, dwarfing any other private sector lending initiative into social programmes. This has allowed thousands more homes to be built than would have been possible using public subsidy alone.