Our total revenue was £61,557,863 during 2022/23.

Front of a house with white rend top half, brick ground floor, a front red door and tiles roof.

Welfare support

Our Welfare service supported 1,947 households and secured £4,788,474 in benefits during 2022/23.

Households accessing the Welfare service: 1,947

Benefits secured through Welfare: £4,788,474

Front on elevation of a new build brick flatted block.

How we spent your rent

Our rent income supported routine maintenance, major repairs and planned maintenance, services such as cleaning and gardening, depreciation, management, interest and financing costs, and transfers to reserves.

Side of a small electric car with the fairhive logo and Blue, Green and Yellow tirangles on the car.

Gross current and former tenant arrears

£1,955,021

ARR - 23 MC 2

Social housing cost per property

£5,406

Repairs cost per property

£577

Maintenance spend on affordable housing

Our annual maintenance spend on affordable housing was £44.1 million during 2022/23.

Land sales supporting new homes

Between April 2020 and March 2023, sales of our own land raised £667,000, which was reinvested in providing new homes.

Read the accounts

Read our full annual accounts for more detail on income, expenditure and investment