The Chartered Institute of Housing (CIH) supported excellence in the housing sector with over £11 million investment in charitable activities in 2009, an increase of seven per cent on the previous year.

During a challenging year for many of its members CIH continued to support housing professionals and their organisations to do life changing work by providing education, training, policy making networks, events and good practice information, as well as championing their work with all UK governments and policy makers.

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Sarah Webb, CIH Chief Executive, said: "Despite the challenges of the recession, our membership continues to grow, the money we plough back into the sector has never been greater and we continue to play a leading role in shaping housing policy at a national level.

"As the leading provider of learning opportunities in housing we also ensure that individuals working in the sector have the broad range of skills they need – and that employers have access to a flexible workforce that can adapt to changing demands in a tough economic climate."

The CIH group saw an increase in its net worth of £284,000 in 2009, while absorbing a reduction of £312,000 in property value. Prudent investment management allowed CIH to participate in the recovery of the stock market and saw the value of its quoted investments increase by over £1 million. An increase in incoming resources of 3 per cent in 2009 allowed CIH to increase its investment in the housing sector by 7 per cent.

(CD/GK)