1 Joint Ventures Guidance for Local Authorities: H ousing and Regeneration Investment and Development Opportunities Workshop Presentation 3 rd March

2 Workshop Structure A.Overview: Purpose of Guidance Wider Context B. Discussion Focus: 1. Guidance Contents 2. Land and Development Options for LAs 3. Local authorities, well-being powers & LLPs 4. Classification 5. Other Points and Issues? C. Round-Up 2

3 Purpose of the Guidance Summary guidance for local authorities on joint venture partnerships … to facilitate LAs consideration and informed use of JVs as an option for realising potential housing and regeneration investment and development opportunities …...using local authority land and securing investment.... … in partnership with public sector bodies, housing associations, developers and funders…. including the ability of local authorities to participate in LLPs (Limited Liability Partnerships)….. clear understanding of HMT/ CLG views & role on LAs and JVs, especially innovative, novel, contentious / repercussive 3

4 Wider Context HMT JV Guidance - The Reference Document; small ‘family’ of summary joint ventures guidance for LAs: a) housing and regeneration; b) other assets and property; c) ‘backroom’ services; and d) “front-line service provision; all such guidance grouped around, referencing and to complement / supplement HMT’s Joint Ventures Guidance; JV theme resonates with wider policy objectives: –OEP, specifically co-location and shared services objectives; –PVP, achieving greater value from public resources –Total Place, joining up of public services generally; and –use of PPPs to access increased private sector investment and pursue innovative public private partnership working; including –release and development of local authority land and other assets 4

5 Guidance Contents HMT’s JV GuidanceProcurement approach – competitive dialogue, planning and design Why consider JVs?Business Case 1 - Governance Joint venture optionsBusiness Case 2 – Structure Local authorities, well-being powers and LLPs Advice and Support Value for moneyDefinitions Financial viabilityBusiness Case contents & requirements Finance, funding and fundersConsents ClassificationReference Publications Community benefitsNote pages 5

6 Round-Up – Your Views? HMT’s JV GuidanceProcurement approach – competitive dialogue, planning and design Why consider JVs?Business Case 1 - Governance Joint venture optionsBusiness Case 2 – Structure Local authorities, well-being powers and LLPs Advice and Support Value for moneyDefinitions Financial viabilityBusiness Case contents & requirements Finance, funding and fundersConsents ClassificationReference Publications Community benefitsNote pages