I am today announcing a review of the institutional structures for delivery of housing and regeneration.

Achieving mixed, sustainable communities in the 21st century is a key Government priority. These are communities that meet the needs of existing and future residents, are sensitive to their environment and contribute to a high quality of life. The Government have a role not only in articulating their vision for the future but also putting in place the mechanisms which turn the vision in to a reality.

To date successful programmes led by English Partnerships and the Housing Corporation have made an important contribution in achieving the Government's ambitions. At the start of March we approved the Housing Corporation's latest programme which will see almost £4 billion of public resources being allocated and 84,000 new affordable rented and low cost home ownership homes delivered in the next two years. In the year to March English Partnerships exceeded the previous year's outturn in respect of housing starts on sites commissioned, housing completions, employment floorspace and private sector investment. English Partnerships have also been successful in the acquisition of former public sector sites including 98 former NHS hospitals and the Oakington barracks in South Cambridgeshire which will provide an additional 10,000 new homes.

However, housing and regeneration activities are changing and becoming more closely integrated. The Government's response to the Barker review of housing supply, the growth in non-registered social landlord investment, the strategic housing role of local authorities, developing mixed, sustainable communities and helping registered social landlords flourish as social businesses are demanding and fast-moving agendas. We need to ensure that our delivery agencies have the right tools, the critical mass they need to deliver and the right structures to respond to these challenges.

As we move towards creating genuinely mixed, sustainable communities throughout England, we know that we will require even greater focus and skill in the future.

That is why the Deputy prime minister and I have asked for this review. It will not only look at the existing activities of the Housing Corporation and English Partnerships, but will consider more widely how we can bring innovative solutions to the range of challenges we face.

The review will consider the best way of organising national delivery mechanisms to maximise the use of private investment, public subsidy and land holdings, and assets funded by past public investment, to support the delivery of new homes and mixed, sustainable communities.

The Deputy Prime Minister and I expect to be in a position to announce initial findings of the review in the summer.