Housing Associations report increased revenues

Housing 21 generated increased revenues in the year to March 1999 at £41.2m (£38.6m) with £29.1m (£26.5m) coming from rent of the 12,764 properties which it owns and manages. Operating costs and interest absorbed a total of £32.8m to leave a surplus of £8.5m (£7.1m). Like other housing associations, Housing 21 is active in the…