Successful places with homes and jobs

A NATIONAL AGENCYWORKING LOCALLY

Building new affordable homes from 2015

NHF – Development Conference

Warwick - 7 July 2014

Fiona MacGregor

Director, Programmes

Contents

Affordable Housing delivery – 2013/14 and to end of SR period

AHP 2015-18 – progress and next steps

HCA Delivery 2013/14 2013/14 - another year of successful

affordable housing delivery - all thanks to our partners

Over 26,300 affordable homes completed

Further 360 affordable homes completed from newer programmes – Guarantees, Empty Homes 2 and Care and support

Nearly 30,000 affordable housing starts on site delivered – strong foundation for final year of SR delivery

More than 3,000 further starts from newer programmes

Delivery in 2014/15 HCA currently on track to meet 2011-15

SR targets Indicative target for affordable housing

completions – 29,000 Forecasts for year are strong Confident will meet contribution to

170,000 aspiration by end of current SR period

Already focussing on transition to 2015-18

Newer programmes have allowed a “bridge” between SR periods

We help drive local economic growth by supporting communities to realise their aspirations for prosperity, creating successful places with homes and jobs.

Affordable Housing Programme 2015-18: story to date £2.9bn funding for affordable

housing over period 2015-18 announced in Spending Round (June 2013)

Alongside 10 year rent settlement HCA Prospectus published 27

January 2014 Bids closed 30 April 2014

(funding outside London - £1.7bn)

Affordable Homes Programme 2015-18: shape Affordable Rent (and shared

ownership) Programme can include:

– Hostel accommodation – Travellers’ pitches – Former empty properties brought

back into use as affordable housing

Supported, elderly and rural housing

Affordable Homes 2015-18 Assessment timetable currently on track HCA area teams completed

assessment including LA input and made recommendations

National moderation completed Draft programme to HCA investment

committee Clearance through DCLG, Ministers etc Announcements before recess

We are helping to deliver the Government’s ambitions to build up to 170,000 new affordable homes, improve existing homes, and assist first time buyers

Affordable Homes Programme 2015-18: moving to delivery Move to accelerate delivery once

allocations announced– Get into contract quickly (helpful input from

current providers) High volume of starts forecast for current

year Move to pay 75% start on site tranche

from 1 July to 31 March 2015 High proportions of firm schemes Acceleration to mitigate hiatus between

programme periods Move to CME promptly – welcomed by

sector– Gaps and emerging priorities

AHP 2015-18: themes - construction Driving efficient procurement and

construction innovation Innovation and OSM

– Ministerial interest: Portakabin; Climate Energy Homes (Rainham); Accord

– Cross tenure but with AHP a place to demonstrate potential: especially for speed of delivery (at right price)

– Different scales– Different products– Consumer acceptance

Keeping in touch homesandcommunities.co.uk

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