1. Successful places with homes and jobs A NATIONAL AGENCY WORKING LOCALLY Unlocking Investment Northern Housing Summit Deborah McLaughlin Executive Director, North West 22 February 2016

2. Overview  Government ambitions for housing  Emerging tools and approaches  What does it mean for the North?  How can we maximise future delivery?

3. New Government objectives Planning and Housing  Ambition for 1m new homes by 2020  More releases of public land for housing  Promoting home ownership – DCLG budgets to be ‘refocused’  Accelerating devolution  Further efficiency savings - 30% agreed across DCLG

4. Spending Review c.£20 billion –c £8bn to deliver over 400,000 affordable homes –c £12bn housing investment, including: HTB: Shared Ownership£4.1 bn Starter Homes£2.3 bn Affordable Rent£1.6 bn Help to Buy Equity Loan£8.6bn Public Sector Land programme£1.1 bn Short term fund (SMEs & custom builders) £1 bn Long Term Fund (infrastructure)£2.3 bn

5. Devolution: Manchester Place  unlock sites for development  assemble investment ready propositions  harness the potential of public funding streams  support longer term sustainability of communities by place- making

6. Devolution: Land Commission  New commissions include: Greater Manchester, Liverpool City Region, Tees Valley, North East  Opportunity to make best use of public land assets  Generating receipts for local authorities  Bringing forward land for development

7. England7.2% North East2.9% North West3.6% Yorks & Humber5.0%

8. Current housing supply falling short ( all tenures) Source: ONS population projections 2012 / DCLG Live tables 255 & 406 New supply for selected year North (thousands) England (thousands) 2014/15 (most recent)30125 2010/11 (trough)24108 2007/08 (peak)44171 Projected average annual household growth to 202244220

9. Conclusion: Unlocking development  Significant public funding available (focus on home ownership)  Importance of navigating new planning and housing policy environment  Responding to demands: demographic and economic  HCA can help: –Promote local ambitions for places –Identify land and housing investment options –Explore funding requirements and opportunities