This document provides updates from an investment partner meeting of the Homes and Communities Agency (HCA) in Warrington on July 21, 2017. It summarizes recent government announcements on housing, the HCA's quarter 2 progress and priorities, support being provided after the Grenfell Tower fire, and continuous market engagement. Key points included slow starts to the year for the northwest region, a need to accelerate housing delivery, and compliance audit requirements for partners.

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INVESTMENT PARTNER UPDATE
WARRINGTON
21 JULY 2017

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Overview
• HCA update and recent
Government announcements (Karl
Tupling)
• Quarter 2 update (Sally Roberts)
• Continuous Market Engagement
(Christine Hill)
• Compliance Audit and New
Business (Nick Cumberland)

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Grenfell and after
Action in place:
• Support to families and local authority
• Public Inquiry
• Independent expert advice panel
• Assurance to other tower block residents
HCA’s contribution:
• Gathering vital initial data
• Checks: dissemination of advice, co-
ordination and assurance
• Technical support for landlords
• Securing alternative accommodation
• Supporting reviews of supply chains,
materials/contractors etc.

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New Government Commitments
• Manifesto:
– 1m homes by 2020: ½ m more by end 2022
– Implement White Paper reforms
– Helping ambitious councils to build
– CPO reform and land value capture
– Rent certainty and greater flex to RPs
– Tackling homelessness
– Improving quality
• New ministers:
– Alok Sharma – Housing and Planning
– Jake Berry – Northern Powerhouse
• Recent announcements:
– Housing Infrastructure Fund (£2.3bn grant for
local authorities)
– Local ‘Housing Deals’ for high demand areas

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HCA priorities
• White Paper
– Freeing up more land
– Diversifying the market
– Building homes faster
– Helping people now
• HCA Review and Homes
England
• Interim HCA Corporate Plan
will allow partners to help
shape our priorities

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Carl Moore (01925 644646)
Nick
Cumberland
(0161 200 6168)
Sue
Mackie
(0161 200
6151)
Christine Hill
(01925 644606)
Ann
Seipp
(0161 200
6136)
Sarah Hebron-
Doran
(01925 644657)
Sally Roberts
(0161 200 6157)
Niki Spedding
(0161 644766)
Karen
Barlow
(0161 200
6149)
Zahida
Shadi
(0161 200
6146)
Meet the team
Changes in responsibility
• National team (Help-to-Buy and historic grant)
• Locally-led (compliance audit and continuous qualification)

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Current Programme – Q2
Update
(Sally Roberts)

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Thank you- 2016-2017
• All outputs achieved for the Agency
and the NW
• Previous expected c250 starts
shortfall in February
• Nearly 50% of starts achieved
delivered in Q4, 1/3 of which in
March.
• 76% of completions achieved in Q4.
0
500
1000
1500
2000
2500
Q1 Q2 Q3 Q4
0
500
1000
1500
2000
2500
3000
Q1 Q2 Q3 Q4

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2017-2018
• No targets agreed yet
• Year end IMS reforecasting
• SOY IMS forecasts ever more important
• Proportion of Indicative forecasts
– 26% of NW starts remain in bulk
– Partners to firm up schemes and update IMS asap

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’17-18-Forecasts
0
500
1,000
1,500
2,000
2,500
Total
Q1
Q2
Q3
Q4
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
Total
Q1
Q2
Q3
Q4
Starts Completions

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Key messages for Quarter 2
• Slow start to Q1- NW lowest deliverer
• 75% payments for Starts on Site until 31st December 2017
• Schedule indicative forecasts out in IMS
• Review ’18-19 forecasts- accelerate where possible
• Review pipeline and bring CME bids forward
• Partner quarterly performance
0% 20% 40% 60% 80% 100%
Expenditure
Starts
Comps
North West programme position – end June 2017

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Continuous Market
Engagement
(Christine Hill)

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Continuous Market Engagement (CME)
• Need for further programme building
to meet commitments
• 16/17 - 857 units delivered through
CME. 73% of these were nil grant
units
• In 17/18 we estimate we need 1300
units through CME – 51% increase on
16/17
• So far this year, we have approved
169 units via CME- 25 of which were
nil grant. (We have a further 174
units going to HPB) – 343 (26%)
Dates for local approvals for
remainder of calendar year
28th July
29th August
26th September
31st October
28th November

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Section 106
• Grant into s106
– Delivering additional affordable
housing over and above the
requirements of the s106
– HCA approved (i.e. DAT)
development appraisal showing
viability gap
– Where units are not being funded
through developer contributions&
LAs are simply securing units as
affordable in perpetuity
• Planning conditions
• s106 Affordable Rent
• Local occupancy

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Rent to Buy
• Rent to Buy is intermediate
tenure
• It is for Local Authorities to
determine policy on Rent to Buy
• Exceptional scenarios – switch
Rent to Buy to Affordable Rent or
handback Rent to Buy and bid for
rent
• Receipts in the form of RCGF
cannot be
– Conditioned or
– Obligated

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Contract Issues
• Longstop dates
– Platform for Life and Homelessness Change- Completion
by March 2018
– CASSH 1 and 2- Completion by March 2021
– AHP 15-18, SOAHP 16-21- Completion by March 2022
• Officer’s certificates
– Submitted 5 days after quarter end
– Signed off after Quarterly Review and following receipts of
minutes of Quarterly Review prepared by the RP
• Other products

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Compliance Audit update
and
Partner Engagement/ New
Business
(Nick Cumberland)

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Compliance Audit
• New HCA management arrangements this year
• ’16-17 audit reports sent out
• ’17-18 selected partners advised
• Training ongoing - 17th and 24th July
• CMs now responsible for CA
So please…..

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Compliance Audit
• Appoint your Independent Auditors
• Review files in anticipation of future audit
selection
• Complete all Audits by long stop date of
3.11.17 (submission of findings)
• ’17-18 reports expected Spring/Summer 2018

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Partner Engagement

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Partner Engagement
27%
73%
Developing Stock owning, non-developing

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Partner Engagement
• More partners, more schemes
• Working on our engagement strategy
– Identifying groups/ existing networks
– ‘Dormant partners’
– LA’s
• Session in Autumn
– Targeting non developing RP’s and developers
• You can help
And….
• Target particular areas

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Partner Engagement

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Promoting Shared Ownership

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Update on other housing initiatives
and funding opportunities
North Cheshire Growth
Village 1,650 units

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Summary
• Housing housing housing
• No set targets yet – still very challenging
delivery this year
• Please firm up all indicative bids asap
• CME is open
• Compliance Audit
• Lots opportunities – in SOAHP and wider
• Talk to us

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Thank You all…….