The local economic impact of a South Wales housing association Steve Curry Valleys to Coast Housing community regeneration in action In the beginning… V2C established 2003 following successful tenant ballot Community Regeneration in Action Local labour clause community regeneration in action Results Positives • 75% target – 90%+ achieved Negatives • Difficult to measure impact on individuals, community • More £ in local people’s pockets? • Community benefit clause • Difficult to manage with communities and contractors community regeneration in action Can-Do Toolkit • i2i guide launched Sept 2008 supported by WG • Focus on TR&T in construction contracts • I2i SME-friendly toolkit - 2010 community regeneration in action How do V2C use TR&T? • Core contract requirement • % of contracted ‘working weeks’ dedicated to local jobs and training - Refurbishment- 52 weeks - New Build - 78 weeks - Arbed – 156 weeks community regeneration in action TR&T Local Jobs Targeted Relevant Recruitment Training community regeneration in action Targeted • V2C Tenants/Bridgend residents • ‘Neets’ • Local colleges & providers community regeneration in action Recruitment • Jobs for all skills levels • Genuine labour market need • Lasting at least 6 months community regeneration in action Training • Relevant • Locally run, where possible • Accredited community regeneration in action Targeting – areas of deprivation IMD – Wales 1896 Ranked 11 38 55 81 185 186 LSOA’s Caerau 1 (Caerau Park, Tudor) Caerau 2 (Blaencaerau) Cornelly 4 (Marlas) Bettws (bottom site) Morfa 2 (Wildmill) Sarn 1 Bridgend – six areas in the top 200 in Wales community regeneration in action Mapping deprivation community regeneration in action TR&T – trainee post codes community regeneration in action Our Achievements Contract Numbers to Q3 – December 2010 Contracted Working Weeks /Opportunities 1,446 No. Targeted Individuals 100 Into Jobs, further training or education 57 Still to be confirmed 26 community regeneration in action Exited programme without outcome OR unknown 17 Arbed – March 2011 • £2.5M grant • TR&T grant condition = 156 wks • V2C Target 156 x £5M = 780 wks • Achieved > 1,260 wks community regeneration in action Development of TR&T • Include social and community benefits in all V2C procurement • Community Initiatives • SME – Can Do Toolkit 2 • Measure S&C benefit outcomes community regeneration in action nef – analysing LM3 (Arbed) • Looked at V2C local multiplier ...LM2 • from Arbed energy performance work • 84% spend within 25 miles of Bridgend • Local economic multiplier £2.21/£1 invested • + TR&T 66% training = Bridgend people • Some materials/equipment not available in Wales community regeneration in action Grounds Maintenance contract • FEI project (with BTCV) target to develop a social enterprise • Delivering service on two large estates • Re-tendering this year with SME-friendly workshops, relaxed financial, H&S req’s? • Community consultation + TR&T req’s community regeneration in action community regeneration in action community regeneration in action Outcomes RBA approach (WG) TR&T outcomes = longer term tracking LM3 good measure of local impact Tracking SME’s/social enterprises? Financial inclusion work: – income maximisation - Welsh Water rates collection - Moneyline Look at LSOA l/t trends to finesse approach...not to claim credit • • • • • community regeneration in action Social & financial return on investment: we all win • • • • • • • • • • Money : retained (in households & communities) Families & tenancies : stabilised Children : nurtured Social capital : developed Physical & mental health : lifted Over indebtedness : decreased Saving : encouraged Anxiety : reduced Standard of living : increased Quality of life : enhanced community regeneration in action An ‘outcomes’ culture Focus on wider & longer-term impacts Use of tools (e.g. LM3, SROI) to measure Is the same ‘outcomes’ culture change happening with procurement?? community regeneration in action Thank you community regeneration in action