1. Have Housing Associations lost their social purpose and how are they improving the lives of people in Hertfordshire?

2. Introduction
Joined Sage Housing as Interim Chief Executive Officer in April 2019
Previously Chief Executive of Catalyst Housing Group
Oversaw the growth of Catalyst from a 2,000-home housing association to a Group with over 30,000 affordable homes
Chaired Action West London, the Innisfree Housing Association and the G15

3. An introduction to Sage Housing
Sage is a Registered Provider investing in affordable housing in Hertfordshire and across England
Sage works with the most experienced housebuilders to deliver new affordable homes through Section 106 agreements
Committed to providing high quality, resident focused services and working with Places for People, a leading manager of affordable homes across England
Management targets require top quartile performance in all areas, including customer service.
We provide affordable housing across a range of tenures
We are fully regulated by the Regulator for Social Housing

4. Sage’s business is affordable housing
Pipeline of 8,200 S106 homes secured
Affordable rent and shared ownership split*:
35% Affordable rent
65% Shared Ownership
Average first tranche sale of 40% (25% London)
Average gross rent £141 per week
Average OMV of shared ownership homes £257,000
* Accurate as of 30 April 2019

5. Our achievements In Hertfordshire
We are working with Weston Homes, Kier, Persimmon and Taylor Wimpey
We have exchanged on over 100 homes and have over 250 more in the pipeline.
Delivering new affordable homes and services of the highest quality for residents.
Main activity areas for Sage over the last 12 months

6. Stable funding with social purpose
Our funding comes from long-term stable investors seeking long-term stable returns.
We are the first organisation which is channelling significant institutional funding into the sector.
Our social purpose is the ability to make this funding work to the benefit of those in housing need, which will play a part in helping to solve the housing crisis.

7. Building Sage
An almost unique opportunity to establish a new business in the sector from scratch.
By prioritising customer experience, organisational flexibility and the speed of delivery, we have been able to design out inefficiencies from the outset.

8. Where next? Sustaining the provision of new homes.
We aim to become one of England’s leading providers of affordable housing.
We aim to secure consent to work with more than 150 local authorities.
We will continue to secure funding to partner with housebuilders to provide social and affordable housing, in perpetuity, on their developments.
We will ensure our growth plan is delivered in a fiscally responsible manner.