The head of a housing association is being paid almost £400,000 a year, official figures showed last night. The latest disclosures come after the Government published the names and salaries of more than 170 civil servants earning at least £150,000. More than fifty executives at housing associations earn more than the Prime Minister.
Based on figures from last year, the highest paid executive at a housing association was John Belcher at £391,000. He was chief executive of Anchor, which provides affordable homes for the elderly. David Cowans, at Places for People, earned £297,000. At least six executives, including Keith Exford at Affinity Sutton; Mark Rogers at Circle Anglia; David Bennett at Sanctuary and David Montague at London & Quadrant, earned more than £200,000, it has emerged. The figures have been uncovered by Grant Shapps, the Housing Minister, who has indicated that the pay packages are unacceptable.
Although independent, housing associations are non-profit making bodies largely funded by the Government, receiving billions of pounds of taxpayers’s money a year to provide social housing for some of Britain’s most disadvantaged citizens. They also receive income from their tenants in the form of housing benefit.
Based on figures from last year, the highest paid executive at a housing association was John Belcher at £391,000. He was chief executive of Anchor, which provides affordable homes for the elderly. David Cowans, at Places for People, earned £297,000. At least six executives, including Keith Exford at Affinity Sutton; Mark Rogers at Circle Anglia; David Bennett at Sanctuary and David Montague at London & Quadrant, earned more than £200,000, it has emerged. The figures have been uncovered by Grant Shapps, the Housing Minister, who has indicated that the pay packages are unacceptable.
Although independent, housing associations are non-profit making bodies largely funded by the Government, receiving billions of pounds of taxpayers’s money a year to provide social housing for some of Britain’s most disadvantaged citizens. They also receive income from their tenants in the form of housing benefit.
