Successful places with homes and jobs A NATIONAL AGENCY WORKING LOCALLY Homes & Communities Agency Increasing Housing Delivery Nick Cumberland 24 th November 2015
Contents 1.National Context 2.New Government Objectives 3.Recent Policy Changes 4.Our Current Programmes 5.Summary
National Context Housing up the national agenda Housing completions up 15% - but not enough to meet demand Continued drive for efficiency across Government Decentralisation Doing things differently
New Government objectives Ambition for 1m new homes by k Affordable Homes / 200k Starter Homes by 2020 Promoting home ownership More releases of public land for housing - (150k plots by 2020) More brownfield released Accelerating devolution Further efficiency savings - 30% agreed across DCLG
Recent Policy Changes Affordable housing sector - (rents, RtB, disposals, de-regulation) Starter Homes Devolution deals Northern Powerhouse
Current HCA Programmes Affordable Homes Programme – CME Grant funding to RP’s for Affordable Rent/ Aff. Home Ownership (all programmes) Starter Homes Grant funding to LA to bring forward Brownfield Land for housing at 80% of market value Builders Finance Fund – CME Loan or equity finance to unlock stalled sites or accelerate delivery. Up to 50% of TSC
Current HCA Programmes Custom Build Serviced Plots Loan finance to prepare ‘serviced plots’ for custom build schemes. Up to 75% of TC Large Sites Infrastructure Programme (1500 units+) Address barriers and help accelerate and unlock housing developments 1,500 housing units HCA and ATLAS advice
25 th Nov: Spending Review
Summary Increasing housing delivery at top agenda Lots of change HCA currently have some opportunities available Most importantly… talk to us
Nick Cumberland