1. Local economic impact Important to Plus Dane Group and / or the sector? 4 July 2012

2. Three questions  Extent to which local economic impact assessment an important determinant of business strategies?  How is Plus Dane considering local economic impact?  Measurement and evidence of investment decisions by Plus Dane

3. Economic impact as business strategy determinant? Answer is, it depends! We are not one Depends on the housing organisations: –Sense of purpose –Heritage –Structure –Operating environment

4. How is Plus Dane considering local economic impact? Mission Vision Promises Values

5. Measurement and evidence of investment decisions by Plus Dane Approach considers decisions from number of positions –Aspects of: Partner contribution Physical impact Economic impact Wellbeing impact –Levels of impact on: Place Service Individual

6. we are a Neighbourhood investor SO WHAT? Enterprise Neighbourhoods Homes At Plus Dane we do 3 things

7. Enterprise – can residents access opportunities/ afford to stay? Neighbourhoods - are residents choosing to live here? Homes - do we deliver good value and decent homes? Ni Impact (adding what we do up with others) Ni Social Return (that’s at least £1.60 SROI) Ni Value (that’s us as a 3 star landlord) To answer the So What? question we measure 3 things

8. In 2009 we were spending 60% on Running the business and 40% on doing the business By 2012 we spent 40% on Running the Business and 60% on doing the business Ni Value Running and Doing measurement and evidence of investment decisions

9. Ni Social Return Example: Social Return Measurement and evidence of investment decisions L8 ‘Joined Up’ Youth Program 1,763 Young People engaged 1,200 Parents/Guardians engaged 1,400 hours youth work delivered p.a. 50% reduction in reported nuisance 64% reduction street drinking 34 new voluntary youth workers appointed

10. Ni Social Return Example: Social Return Measurement and evidence of investment decisions Include Environmental Services (INES) 171 trainees, 2,565 training hours, 400 qualifications in 10 years £374,400 benefits saved and £1,307,124 additional salaries in INclude area 76 derelict sites improved/maintained, 30 community land projects, 100 gardens back into use, 472 tons waste removed and 80% recycled £1.56 social value for every £1 spent

11. Ni Impact Example: Measurement and evidence of investment decisions to partner in a place Beautiful North Invitation from Local Authority 3 wards in North Liverpool 40+ private, public and community organisations collaborating Work to mandated leaders £400 million collective spending power 300 volunteers 80+ staff / One Team 8 work streams each led by a different organisation Tracking IPPR local indicators Re- imagine 1001 opportunities environment for investment

12. Ni Impact Example: Measurement and evidence of investment decisions to partner in a place Beautiful North – 1 year in  Plus Dane spent £17k on environment year 1 – shared programme now valued at £1.9M  Residents led solution to ASB  Pooled Youth Budget 30% more for 30% less  Private sector creating local jobs e.g. 20 young unemployed people now working for LFC  North Liverpool – Show Your Beautiful Face - campaign by Aurora Media / Giants to North Liverpool attracted thousands of new visitors  It’s Football improvement district for regular 40,000 visitors to Liverpool and Everton  Community Car Park on derelict land made £56,000 for reinvestment year 1 and employed 8 local people

13. In summary the three questions were  Extent to which local economic impact assessment an important determinant of business strategies?  How is Plus Dane considering local economic impact?  Measurement and evidence of investment decisions by Plus Dane