The targets for completions under the National Development Plan 2000-2006 for the shared ownership and affordable housing schemes are 1,000 each per annum. In 2001, a total of 1,611 transactions were completed under the shared ownership scheme and a total of 272 houses were completed under the affordable housing scheme. Progress has been slower than expected under the affordable housing scheme, in part due to the time lag between land acquisition and construction and sale. However, since the introduction of a site subsidy in June 2000 the number of transactions has increased. At the end of June 2002, a total of 364 dwellings were completed, 1,848 under construction and 3,414 were in planning. I expect that at least 600 dwellings will be completed under the scheme this year.