2015-18 Affordable Homes Programme summary: end of September 2015
Introduction
The Homes and Communities Agency (HCA) is committed to transparency in relation to the
programmes it funds, and at the same time to providing information that is useful for key
stakeholders.
The following information provides a summary of 2015-18 Affordable Homes Programme (AHP)
schemes that the HCA had allocated funding to as at the end of September 2015. This
represents the first update since the initial allocations for the 2015-18 AHP were announced in
July 2014. Since this time further allocations have been agreed by the HCA as part of its
Continuous Market Engagement (CME) process, whereby the remainder of the funding is
allocated on an on-going basis.
Summary information is presented in this report for Affordable Rent and Affordable Home
Ownership allocations. Further analyses by Lead Provider and by HCA Minimum Geography
area are provided in accompanying spreadsheets, along with a list of the 2015-18 schemes that
have been agreed by the HCA and reached grant confirmation stage by the end of September
2015.
Further information on the 2015-18 AHP is available on the HCA’s website at the address
below.
www.gov.uk/housing/funding-programmes
(Note that this information excludes offers based in London which, since 1 April 2012, are the
responsibility of the Greater London Authority).
The tables below provide a summary of 2015-18 AHP agreed allocations as at the end of
September 2015.
1. Summary of 2015-18 AHP allocated programme
Table 1: 2015-18 AHP funding and homes by HCA Operating Area (end of September 2015)
Affordable Home
Ownership
homes
Affordable
Rent homes
HCA Operating Area
Funding
Total homes
Grant
funded
Nil
grant
Grant
funded
Nil
grant
Grant
funded
Nil
grant
East and South East
£160,127,645
5,915
2,242
1,013
1,280
6,928
3,522
Midlands
£240,287,262
9,257
1,181
1,284
419
10,541
1,600
North East, Y & H
£209,035,808
8,328
438
316
37
8,644
475
North West
£195,971,432
7,638
266
939
109
8,577
375
South and South West
£142,265,233
4,475
1,912
824
564
5,299
2,476
TOTAL
£947,687,380
35,613
6,039
4,376
2,409
39,989
8,448
Table 2: Average 2015-18 funding per home by HCA Operating Area (end of September 2015),
excluding nil grant homes
HCA Operating Area
Affordable
Rent
Affordable
Home
Ownership
All
programme
average
East and South East
£24,446
£15,328
£23,113
Midlands
£23,710
£16,205
£22,795
North East, Y & H
£24,429
£17,706
£24,183
North West
£23,800
£15,105
£22,848
South and South West
£27,795
£21,700
£26,848
TOTAL
£24,533
£16,909
£23,699
Table 3: 2015-18 AHP total scheme costs (TSC) by HCA Operating Area (end of September 2015)
HCA Operating Area
TSC
Homes
TSC/home
East and South East
£1,636,968,597
10,450
£156,648
Midlands
£1,502,244,343
12,141
£123,733
£989,064,809
9,119
£108,462
North West
£1,031,470,489
8,952
£115,222
South and South West
£1,121,339,531
7,775
£144,224
TOTAL
£6,281,087,769
48,437
£129,675
North East, Y & H
Table 4: Number of 2015-18 AHP rural homes (less than 3,000 population) and supported
housing/homes for older people by HCA Operating Area (end of September 2015)
1
HCA Operating Area
Rural
homes
% of
homes
East and South East
1,073
10.3%
Supported
Housing
homes1
962
Midlands
971
8.0%
1,501
14.4%
North East, Y & H
322
3.5%
1,063
12.1%
North West
192
2.1%
1,149
14.5%
South and South West
1,157
14.9%
754
11.8%
TOTAL
3,715
7.7%
5,429
13.0%
% of
homes1
11.8%
Affordable Rent only; includes older persons housing; in addition 514 Affordable
Home Ownership homes are either supported housing or for older people
Table 5: Average gross rents as a proportion of market rent (including service charges) by HCA
Operating Area (end of September 2015)
HCA Operating Area
Average Rent
(£/week)
East and South East
£142
Average Rent
as a % of
Market Rent
79%
Midlands
£115
79%
North East, Y & H
£102
80%
North West
£108
80%
South and South West
£136
80%
TOTAL
£120
80%