2011-15 Affordable Homes Programme summary: latest approved
offers as at the end of September 2014
Introduction
The Homes and Communities Agency (HCA) is committed to transparency in relation to the
programmes it funds, and at the same time is committed to providing information that is useful
for key stakeholders. By publishing data on a regular basis we are also fulfilling the
undertaking we made when we launched the Affordable Homes Programme and published
the Framework Document in 2011.
The following information summarises approved offers from providers under the 2011-15
Affordable Homes Programme (AHP) that have been accepted by the HCA through its
Investment Management System as at the end of September 2014. The previous update
(published in August) presented information on offers approved as at the end of June 2014.
This update incorporates any changes to offers agreed by the HCA, as well as including any
further offers accepted since this time. It should be noted that this is a snapshot of a changing
programme taken at a single point in time.
Summary information is presented for Affordable Rent, Affordable Home Ownership,
Homelessness Change, Empty Homes, Empty Homes Round 2, Traveller Pitch Funding and
the Affordable Homes Guarantees Programme. Further analyses by Lead Provider and by
HCA Minimum Geography area are provided in accompanying spreadsheets, along with a list
of all 2011-15 firm AHP schemes that have been agreed by the HCA and reached grant
confirmation stage as at the end of September 2014.
The following offers have been accepted and confirmed in the HCA’s Investment Management
System:
-
for Affordable Rent and Affordable Home Ownership, 143 offers have been accepted;
for Empty Homes, 76 offers have been accepted;
for Empty Homes Round 2, 51 offers have been accepted (since the end of June 2014
four offers have been withdrawn)
-
-
for Homelessness Change, 28 offers have been accepted
for Traveller Pitch Funding, 37 offers have been accepted; a further three offers are in
the process of being agreed with providers, the total value of which is estimated to be
£0.7 million providing an estimated 51 new or improved pitches;
for the Affordable Homes Guarantees Programme, 72 offers have been accepted; a
further five offers are in the process of being agreed with providers, the total value of
which is estimated to be £2.5 million providing an estimated 76 homes.
Information on these programmes and allocations made is available on the HCA’s website at
the address below.
http://www.homesandcommunities.co.uk/affordable-homes
(Note that this information excludes offers based in London which, since 1 April 2012, are the
responsibility of the Greater London Authority).
The tables in sections 1 to 4 below relate to Affordable Rent and Affordable Home Ownership
only. Other specialist programmes are presented in sections 5 to 9.
1.
Summary of 2011-15 Funding to date
Table 1: 2011-15 AHP funding by HCA Operating Area (end of September 2014)
Affordable
Home
Ownership
homes
Total
homes
HCA Operating Area
Funding
Affordable
Rent
homes
East and South East
£221,929,741
12,036
3,853
15,889
Midlands
£291,362,262
13,061
2,642
15,703
North East, Y & H
£210,258,691
10,285
738
11,023
North West
£202,692,237
9,473
1,059
10,532
South and South West
£238,423,092
12,404
3,002
15,406
£1,164,666,023
57,259
11,294
68,553
TOTAL
Table 2: Average 2011-15 funding per home by HCA Operating Area (end of September 2014)
HCA Operating Area
Affordable
Rent
Affordable
Home
Ownership
All
programme
average
East and South East
£16,798
£5,124
£13,968
Midlands
£20,536
£8,757
£18,555
North East, Y & H
£19,620
£11,467
£19,075
North West
£20,001
£12,489
£19,245
South and South West
£17,261
£8,103
£15,476
TOTAL
£18,788
£7,871
£16,989
Table 3: Estimated number of conversions1 in 2011-15 by HCA Operating Area, by type (end of
September 2014)
Conversions to
1
HCA Operating Area
Affordable
Rent
Affordable
Home
Ownership
Market Sale
Development
East and South East
18,030
158
801
Midlands
12,203
232
796
North East, Y & H
12,454
50
94
North West
17,344
99
315
South and South West
11,857
318
477
TOTAL
71,888
857
2,483
estimated at initial offer stage
2.
Supplementary Information
The following tables provide further information relating to the 2011-15 AHP offers accepted
as at the end of September 2014.
Table 4: Number of larger homes, rural homes and supported housing/homes for older people
by HCA Operating Area (end of September 2014)
1
3.
HCA Operating Area
Larger
homes
% of
homes
Rural
homes
% of
homes
East and South East
4,489
28.3%
2,119
13.3%
Supported
Housing
homes1
1,137
Midlands
4,887
31.1%
1,547
9.9%
2,096
16.0%
North East, Y & H
3,299
29.9%
938
8.5%
2,460
23.9%
North West
3,938
37.4%
667
6.3%
1,123
11.9%
South and South West
4,772
31.0%
2,660
17.3%
1,358
10.9%
TOTAL
21,385
31.2%
7,931
11.6%
8,174
14.3%
% of
homes1
9.4%
Affordable Rent only; includes older persons housing; in addition 969 Affordable Home Ownership homes are
either supported housing or for older people
Rents
Table 5: Average gross rents as a proportion of market rent (including service charges) by HCA
Operating Area (end of September 2014)
4.
HCA Operating Area
Average Rent
(£/week)
East and South East
£134
Average Rent
as a % of
Market Rent
77%
Midlands
£107
79%
North East, Y & H
£97
79%
North West
£102
80%
South and South West
£123
78%
TOTAL
£114
79%
2011/12 Total Scheme Costs
Table 6: 2011-15 AHP total scheme costs (TSC) by HCA Operating Area (end of September 2014)
HCA Operating Area
TSC
Homes
TSC/home
East and South East
£2,546,350,025
15,889
£160,259
Midlands
£1,943,944,786
15,703
£123,794
North East, Y & H
£1,137,664,997
11,023
£103,208
North West
£1,227,049,230
10,532
£116,507
South and South West
£2,019,566,372
15,406
£131,090
TOTAL
£8,874,575,410
68,553
£129,456
5.
2011-15 Empty Homes Funding
Table 7: 2011-15 Empty Homes funding by HCA Operating Area (end of September 2014)
6.
HCA Operating Area
Funding
Homes
£/home
East and South East
£7,120,422
486
£14,651
Midlands
£6,416,191
471
£13,622
North East, Y & H
£13,780,146
837
£16,464
North West
£13,888,010
1,059
£13,114
South and South West
£2,985,375
147
£20,309
TOTAL
£44,190,144
3,000
£14,730
2011-15 Empty Homes Round 2 Funding
Table 8: 2011-15 Empty Homes Round 2 funding by HCA Operating Area (end of September
2014)
7.
HCA Operating Area
Funding
Homes
£/home
East and South East
£2,044,810
129
£15,851
Midlands
£3,818,833
193
£19,787
North East, Y & H
£11,969,643
502
£23,844
North West
£2,086,055
76
£27,448
South and South West
£5,888,655
154
£38,238
TOTAL
£25,807,996
1,054
£24,486
2011-15 Homelessness Change
Table 9: 2011-15 Homelessness Change funding by HCA Operating Area (end of September
2014)
HCA Operating Area
Funding
Homes
£/home
East and South East
£5,067,639
252
£20,110
Midlands
£6,168,030
239
£25,808
North East, Y & H
£4,202,405
112
£37,521
North West
£6,637,296
275
£24,136
South and South West
£6,869,993
270
£25,444
TOTAL
£28,945,363
1,148
£25,214
8.
2011-15 Traveller Pitch Funding
Table 10: 2011-15 Traveller Pitch Funding by HCA Operating Area (end of September 2014)
9.
HCA Operating Area
Funding
Homes
£/home
East and South East
£4,634,949
73
£63,492
Midlands
£11,332,022
177
£64,023
North East, Y & H
£17,308,760
403
£42,950
North West
£4,834,201
120
£40,285
South and South West
£15,307,516
258
£59,331
TOTAL
£53,417,448
1,031
£51,811
2011-15 Affordable Homes Guarantees Programme
Table 10: 2011-15 Affordable Homes Guarantees Programme funding by HCA Operating Area
(end of September 2014)
Affordable
Home
Ownership
homes
Total
homes
HCA Operating Area
Funding
Affordable
Rent
homes
East and South East
£19,382,515
1,134
355
1,489
Midlands
£68,213,349
3,739
495
4,234
North East, Y & H
£48,009,249
2,307
184
2,491
North West
£68,535,354
3,405
378
3,783
South and South West
£36,760,369
2,016
539
2,555
TOTAL
£240,900,836
12,601
1,951
14,552