Massive housing association ultimately with nothing for house (5)
I believe the answer is:
bingo
'for house' is the definition.
(both are used to announce you have won in bingo)
'massive housing association ultimately with nothing' is the wordplay.
'massive' becomes 'big' (similar in meaning).
'housing' indicates putting letters inside.
'ultimately' says to take the final letters.
'with' means one lot of letters go next to another.
'nothing' becomes 'O' (looks like zero - 0).
The final letter of 'association' is 'n'.
'big' going around 'n' is 'bing'.
'bing'+'o'='BINGO'
(Other definitions for bingo that I've seen before include "Number game" , "Lotto" , "House!" , "Housey-housey" , "game requiring little ability" .)