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Housing and Regeneration. David Warburton Area Director for South West England The Homes and Communities Agency. Context. Creation of the Homes and Communities Agency on 1 December 2008 combines the major housing and regeneration pots;
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Housing and Regeneration David Warburton Area Director for South West England The Homes and Communities Agency
Context • Creation of the Homes and Communities Agency on 1 December 2008 combines the major housing and regeneration pots; • RFA is critical for our ‘single conversation’ over the integrated use of our own resources: ~ the Regional Housing Pot; ~ EPs’ regeneration programme, and the ability to investment in, and bring forward, land and infrastructure; ~ the Growth Point Fund; ~ Decent Homes (social housing sector); ~ Gypsies and Travellers; ~ private sector renewal in RFA, not HCA.
Context • also how we then integrate our own resources with those of others around established regional priorities to deliver higher impact outcomes for a similar level of resource; • part of this is also identifying impediments to integration; • the driver underpinning the combining of housing regeneration investment is ensuring integration occurs in such a way so as support the continuation/creation of sustainable communities; • and also recognising when not to ‘force’ integration.
Investment – what’s at stake Profile of housing and regeneration (Homes and Communities Agency) investment in the South West: • £1.1 billion in 2008-2011, mainly committed but some flexibility? ~ £711 million on affordable housing, 18,500 affordable homes; • £1.6 billion (indicative) in 2011 to 2015; • £1.75 billion (indicative) in 2015 to 2019.
Investment Focus The Homes and Communities Agency’s housing and regeneration investment is directed towards the following key place-based interventions in the South West: • Delivering significant housing growth, particularly in Growth Points and SSCTs; • Achieving regeneration, building and revitalising communitiesbytackling multiple deprivation and bringing derelict land back into active use;
Investment Focus: • providing affordable homes as part of both of growth and regeneration, to achieve a diverse population so as to underpin and enable economic growth; • The focus is beginning to sharpen in rural areas as we begin to better understand what sustainability means in the rural context.
Regeneration Investment: Top 20% IMDs/Growth Points West of England Partnership Growth Points in the SW (as defined by CLG) Carrick, Kerrier and Restormel
Regeneration Investment:Brownfield Land/Growth Points West of England Partnership Growth Points in the SW (as defined by CLG) Carrick, Kerrier and Restormel RFA 2008 - 2019
Affordable Housing Investment : RFA 2008 - 2019
Investment Focus:Non-place based • in addition to a place-based approach, a specific focus on allocating housing investment based on needs: • To meet housing need in locations outside of growth areas or areas identified for regeneration; providing for various client groups – homeless people, the elderly, gypsies and travellers. • Examples in rural areas.
Top Quartile Least Affordable Growth Points in the SW (as defined by CLG) West of England Partnership Carrick, Kerrier and Restormel RFA 2008 - 2019
Some Choices • Difficult market for housing and regeneration – maintain programme, and raise outputs, including affordable homes from 6,000 to 10,000 per annum; • Re-allocation of Social Housing Grant to invest differently to support wider regeneration programmes by bringing forward affordable housing in other ways (and delivering other uses and activities); bring forward investment to cashflow, capture value, re-invest? - Infrastructure, land acquisition, public-private (inc. RSLs) delivery vehicles;
Some Choices • Focus on easier wins to achieve affordable homes outputs and regeneration outcomes? - investment in affordable housing increased from 80% to 86% in the previous period, with a corresponding decrease in private sector renewal, so as to maintain outputs; • should we invest differently in linked and related rural settlements, to enable sustainability to be improved whilst contributing to the growth agenda?
Some Choices • Decent Homes (3% of the housing pot) ends 2010 –should this then be directed towards other local authority estate renewal and regeneration? • do we/how do we maintain tenure diversification when demand is falling – 70%/30% rent to homebuy at present?
Some Choices • demographics – particularly our ageing population - what sort of urban fabric should we create through regeneration investment, and what form of homes will this client group demand? • How serious are we about the CSH and environmental agenda in terms of where and how we target investment – should we invest in initially more expensive, but ultimately more sustainable environments?
Fundamental Question • Do we march under a single banner, and then this is what shapes all investment and activity in the Region?
What’s Next? • All encompassing letter to local authorities; • Welcome specific comments and case studies direct; • Combined Housing and Regeneration Forum in November.