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GETTING MORE…….. ……..FOR LESS

GETTING MORE…….. ……..FOR LESS. Fife Construction Forum Sandy Watson 4 May 2010 Housing Investment Division. RESOURCES – 2008-2011. Scotland: £ Units 2008/09 £529m 6506 2009/10 (Est.) £644m 8100 2010/11 (Est.) £471m 7100 Fife: £ Units 2008/09 £15.050m 283

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GETTING MORE…….. ……..FOR LESS

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  1. GETTING MORE…….. ……..FOR LESS Fife Construction Forum Sandy Watson 4 May 2010 Housing Investment Division

  2. RESOURCES – 2008-2011 Scotland: £ Units 2008/09 £529m 6506 2009/10 (Est.) £644m 8100 2010/11 (Est.) £471m 7100 Fife: £ Units 2008/09 £15.050m 283 2009/10 (Est) £16.945m 210 2010/11 (Est) £9.545m 181

  3. RESOURCES – 2011-2014 Spending Review – Autumn 2011 Predictions: Overall gloomy but…… ….Housing and construction as economic drivers Growth but……… ……how fast? Financial Institutions?

  4. TOOLS IN THE TOOLBOX Social Rented Sector - Registered Social Landlords - Local Authorities Private Rented Sector Home Ownership - Subsidised - OMSEP (Open Market Shared Equity Pilot) - NSSE (New Supply Shared Equity) - HOSF (Home Owners Support Fund) - Unsubsidised

  5. NEW TOOLS IN THE TOOLBOX Imaginative Solutions Radical Rethink National Housing Trust - mid-market rent NSSE with Developers Housing Infrastructure Loan Fund Reduce Costs Promote Efficiencies

  6. INVESTMENT REFORM Consultation 2008/09 Outcomes: - Local solutions for local circumstances - Standards for developing landlords - Best practice for collaboration - Best practice in procurement Current Picture: - Borders, Edinburgh, Lothian's, Fife, Grampian, Highland - Fife 1,000 site starts - Preferred partners selection process

  7. EFFICIENCIES IN THE CONSTRUCTION SECTOR Procurement - Long term partnerships, or - Project-by-project MMC - Component standardisation - Maximise off-site production - Does the industry want it? - Can the industry afford it? Climate Change - The industry view - It is now “when” not “if” - Can we match improving standards to efficiencies?

  8. THE CHALLENGES Reducing Public Sector Resources 2012 Homelessness Targets Scottish Housing Quality Standard Climate Change - Building Standards - The Legislative Background Demographic Change Ask me again on Friday!

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