The ins and outs of the Community Led Project Support Fund

1. The ins and outs of the Community Led Project Support Fund Tom Lloyd-Smith: Area Manager - Greater London Authority

2. “Build your own Home the London Way” funding prospectus: • Published Summer 2012: Continuous market engagement process • Covers both Custom Build Housing and Community led project support funding. • Some common threads • Focus on design • Importance of growth and jobs • Google “Build your own home the London way”

3. One document – two programmes • £8m of funding • £3m of revenue for Community led support project funding (formerly Community Right to Build funding) • £5m capital for Custom Build Housing • HCA operating both funds outside of London

4. Design focus • Design and architectural excellence should be at the heart of development in London • Looking for repeatable and adaptable models which could work at volume across the capital • Offer of design review sessions to successful organisations, in addition to usual GLA support

5. Community Led Project Support Fund (Formerly community Right to Build funding) • £3m of grant funding to help community groups work-up plans for their area • Using neighbourhood planning powers from Localism Act 2011 • An alternative route to planning permission • Projects which go down planning route remain eligable

6. What can be built? • Anything which is capable of • planning permission, including: a. family homes to sell, b. affordable housing for rent, c. sheltered housing for older local residents, d. low-cost starter homes for young local families struggling to get on the housing ladder. e. Shops, business, or other community facilities f. Other things capable of planning permission

7. Four payment milestones • Body corporate established; • Must be Community Organisation • Initial proposals developed, project eligibility established and outline feasibility study produced. • Detailed proposals developed. • Valid application for a Community Right to Build Order (or planning app) submitted.

8. How will the funding work? • Bespoke for each project • Up to 90% of costs of working up plans (not works costs) • Payment on each of four milestones • Support through other GLA programmes…. • On-going engagement over the course of project.

9. Progress to date. • Brixton Green (up next...) • Bermondsey Community • Builders • TMO bidder • 26 homes (19 for rent) • Milestone 2 achieved • O-Bay Community Trust • BME led charity in Edmonton • 6 flats for AR + community centre • A number of other sites in discussion. • Still plenty of capacity for new bids…

10. HCA Approach/progress • Large grant applications • (£40k+) referred to CLG. • Widened eligibility criteria • to allow planning app route • in August. • Bids range from12 to 50 units + community facilities • 3 Successful bidders: 2 in Sussex, 1 in Cambridgeshire • http://www.homesandcommunities.co.uk/community-led-project-support

11. Custom Build Housing • £5m of development finance to be lent on commercial terms • To organisations (not individuals) enabling Custom House building (involvement of people who’ll live in the homes) • Maximum average cost of development £360k • Cover up to 75% of development costs (effective max £270k) • Minimum two homes on a development

12. Custom Build Progress to date • ~£8 Million of potential schemes identified. • Combination of community-led projects, LA led sites and developer led projects.

13. GLA owned land • Open to expressions of interest on any of our land holdings. • Investigating opportunities at • Branch Road • Beam Park • Barking Riverside

14. GLA Land and Property Database: http://www.london.gov.uk/priorities/housing-land/land-assets/land-and-property-database

15. The wider context….. • A population boom Biggest increase in population in London’s history 9 million by 2020 and 10 million by 2030 • An affordability crisis Average prices 76% higher than national average Average rents 114% higher

16. Your community needs YOU!