1. L&Q’s Extensions Programme Regional Housing Pot Targeted Funding Stream 2008-2011 13 November 2009 Pippa Rea d Special Projects Coordinator

2. The Programme: a summary £1.61 million from the TFS’s 2008-11 bidding round (entirely externally funded) Will deliver 20 extended properties – 3 or 4 beds on completion 10 in 09/10 and a further 10 in 10/11 Must house 100 people on completion i.e. 20 x 3bed 5person Prioritises properties that provide larger family accommodation Prioritises properties that are cost effective to convert – i.e. lofts Properties must meet DHS on completion Properties must also meet HCA’s DQS for rehab schemes Tenanted properties or voids considered Will only consider residents with a positive assessment from HM Completes with residents in situ

3. The money: the bid GLA Act 2007 – new mayoral housing responsibilities Takes lead on allocation of TFS, which provides ‘funding for programmes to address some of the most pressing housing issues within London’s existing stock’ 5 strands, 1 being ‘increasing the number of 3 bedroomed and larger social rented homes’ All funds (£285m) allocated via a single bidding round – 1 form! Bids made by July 08 with confirmation in Dec 08 Next bidding round likely to be late 10 early 11 Money received as SHG from the HCA

4. The money: in practice The bid: 20 properties for £1.61 million: £80,500 per home –£70,000 works –£10,500 on-costs Currently (3 on-site): £64,519 per home –£48,958 works –£15,561 on-costs Recognised early that on-costs would be high Consultant/HQI Party Wall/Building Regs Development allowances VAT Contingency Works costs must be kept under control Lofts that do not require planning permission Helps with timescales – long process from identification to approval to SOS

5. Identifying properties: what we were looking for Over 30 years old Gable end or terrace High roof pitch Room for additional stair core Overcrowded if tenanted

6. Identifying properties: the logistics First stage filtering: HM and PS take the lead: –PS inspected properties referred to them from HM (those registered as overcrowded on transfer list) –Voids team inspected potential voids –HM also conducted a targeted letter writing campaign to certain roads with properties considered suitable. They then filtered the results based on occupancy Second stage filtering Special Projects and our Consultant –Inspected the referred properties –Initial feasibility conducted Individual submissions to HCA Design and Standards Advisor Bids clinic

7. Tricky bits Finding properties – an on-going process Managing residents’ expectations Internal financial/legal issues: –Outstanding mortgages –Loan covenants Working with funders: Not just a loft but: –HQIs – minimum room sizes/sustainability –Ancillary facilities – WCs/storage Selecting a good consultant Selecting a suitable contractor