The Housing & Finance Institute Building the skills and relationships to build the homes we need 1 Natalie Elphicke OBE
Overview: Themes for Government(s) After the credit crunch Support and sustain financial system; Build, build, build Range of financial support measures Recoverable investments and Guarantees as well as grant Large number of initiatives- changing role of the HCA Increasingly direct intervention – beyond financial support to address market failure and to develop markets/ implement efficiencies/ secure outcome Support for all of the housing markets Keep housebuilding steady/ from free fall: HTB1, HTB2, AHG, BTR, BFF Strong support for the emergence of professional private rented market Role of housing in supporting growth Reform of Planning Release of Public Land Reform of local authority finances 2
Themes this Parliament Build, Build, Build Housing for choice and affordability as well as national economic growth More flexibility between types of homes: rental/Home Ownership/Shared Ownership Active intervention to unlock supply chain Planning reform Identification of brownfield and other land priorities Commitment to bring forward public land and grant funding Areas of Focus: Training, skills, Offsite manufacturing, SME Changing roles: Between local and national government: devolution, municipal enablers Government active oversight and intervention where there is a failure of the market or to a need to rebuild or develop markets (incl. planning/ homes) Better use of resources: regeneration and effective asset management 3
The Housing & Finance Institute Putting together practical support and networks for more homes, greater investment and better housing efficiencies Recommended by the Elphicke-House Report January 2015 Announced by the Chancellor, March Budget 2015 Launched in June 2015 by the Housing & Planning Minister Started operations in September 2015 Public, third sector and private organisations Key founding partners: 4
The Elphicke-House Report 2015 From Statutory Provider to Housing Delivery Enabler Councils leading their communities and shaping their housing needs Working in collaboration with others 5
The Housing Delivery Enabler Community Leadership & Strategic Clarity Creating Housing Opportunity Business Leadership Management of Housing Supply Shaping a Stronger Housing Finance Market Elphicke-House Report 2015 HM Government 6
The Housing Delivery Enabler Difference? AssessWhat is needed by when and what type IdentifyAssets & Resources to bring to bear ArticulateWhat is needed by when and what type CollaborateTo deliver the homes that are needed MonitorDelivery against Ambition ActionTo manage and drive housing delivery 7
How are we helping councils and housing businesses do more for housing? Housing Business Ready programme intensive programme: 6 core metrics, 18 assessment criteria, detailed review of internal and external strategy, ambition, record of delivery and capability. SE LEP collaboration Housing Business Bespoke a bespoke programme, working alongside councils or council led teams, such as coastal communities, city or devolution teams Practical Research and Research Collaboration Boosting the Boroughs (Feb 2016) How to Build More Homes, Faster (March 2016) Current: utilities mapping, HBR Tools, finance including social investment and place-based regeneration Housing Business Breakfasts regular industry events including business and market engagement work & HFi Celebrate, celebrating housing successes 8
Much to celebrate Housing building starts up Private developer housing starts up Planning Permissions up Mortgages up New mortgages up Net Housing Supply is up Affordability to earnings improved 9
Opportunity to do more 10 Council appetite Housing ambition Business appetite Investor appetite Tools & Resources Additional Capacity Potential
The Housing & Finance Institute Building the skills and relationships to build the homes we need 11 Natalie Elphicke OBE