Item 6: Local Action on Affordable Housing Cllr Lewis Rose Chair of EMC’s Affordable Housing Task & Finish Group

The Affordable Housing Challenge ● 75% reduction in HCA funding for affordable housing in the East Midlands for ● Lack of understanding about strength of the East Midlands investment case ● Perceptions about the challenges of ‘doing business’ in some areas ● Lack of a joined up approach between key institutions and interests

Our Response Affordable Housing Prospectus: setting out the ‘East Midlands Offer’ East Midlands Declaration on Affordable Housing: demonstrating local political commitment Examples of Best Practice: showing what we can deliver given the chance

Affordable Housing Prospectus Based on the Smith Institute research Sets out both the economic and social benefits of investment Demonstrates the value of investing in the EM to UK plc

Affordable Housing Declaration Sets out a list of key commitments Supported by EMC, NHF and the HCA Derbyshire Dales the first to sign up – more have now followed!

Case Study: Gainsborough

Case Study: Derbyshire Dales

Case Study: Leicestershire NHB

Concluding Comments There is a strong appetite for innovation and delivery in the East Midlands Councils are committed to taking the tough decisions that will make a difference on the ground With greater investment, we could achieve so much more…