This information is for:
Adactus Housing Association, Beech Housing Association, Chorley Community Housing, Miles Platting

How we get and spend money

Our major source of income is from the rents we charge on our properties.  We use this money to cover our big costs which are costs associated with the repairs and maintenance of our properties, building new properties, our staffing and our loan repayments.  Our Financial Statements detail all of our financial ins-and-outs.

When we build new properties we normally receive some government grant via the Homes and Communities Agency to put towards our own cash or borrowings.  This helps make the development financially stack-up so that it can be let at affordable rents.

We publish all invoiced expenditure over £99.99 in order to demonstrate that the government money we receive is being well spent.