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Finance England/Wales

   


Rent policy, rent restructuring and service charges

 


Homes and Communities Agency (HCA)

 


Investment and option appraisal

  • Further £500m boost for affordable homes

    24 February 2010

    Every region of the country is benefiting from this extra cash to build much-needed affordable homes for sale and rent

  • HCA consults on proposals to directly recover grant linked to value

    15 December 2009

    The Homes and Communities Agency has launched a consultation around options for the recovery and recycling of grant funding

  • Housing associations – financial challenges and prospects

    9 November 2009

    Network briefing paper by Paul Reeves

  • Second wave of Kickstart funding announced

    16 October 2009

    Another £51m has been released by the Homes and Communities Agency (HCA) in the second wave of schemes to be unlocked through round one of the Kickstart Programme

  • Proposed changes to the Growth Fund for 2010-11: Consultation

    2 October 2009

    The Growth Fund supports the provision of infrastructure for housing growth in the Growth Areas and Growth Points. Multi-year funding allocations have been announced. The allocations for 2010-11 are provisional and it is the government's policy only to change these in exceptional circumstances. This consultation is on the proposed changes to the Growth Fund in 2010-11. Consultation closes 13 November 2009

  • Next round of low carbon projects confirmed

    26 August 2009

    Details of the successful schemes for the second round of funding from the Homes and Communities Agency’s (HCA) low carbon infrastructure initiative, totalling £8.80m, have been announced

  • Eco-towns - allocations from the eco-towns fund

    18 August 2009

    CLG consultation paper sets out proposals for local authorities and their delivery team partners on how the £60m announced to support locations identified with the potential for an eco-town published in the PPS on 16 July 2009 over the 2009-11 period might be allocated. Consultation closes 25 September 2009

  • Housing associations report £174m impairment charges

    12 August 2009

    Housing associations are thriving in the continuing difficult housing and credit market conditions, despite 92 associations reporting impairment charges totalling £174m for 2008/09 because the value of their homes and land has dropped, according to the Tenant Services Authority

  • Building Britain's Future: Healey unveils further boost for housing

    17 July 2009

    Housing Minister John Healey has announced the release of funding to build 11,200 new homes, regenerate ten of the most deprived areas of the country and create 20,000 jobs in the building industry

  • HCA welcomes new money and focuses on immediate delivery

    30 June 2009

    The HCA is ready to begin delivering a significantly enlarged programme of public house building immediately, the Agency’s chief executive has confirmed. The HCA, responsible for housing and regeneration delivery in England, will take responsibility for an additional £1.5bn channelled into affordable housing over the next two years, following the announcement on Building Britain’s Future by the Prime Minister

  • Healey announces major plans for more homes and fairer lettings to meet local needs

    30 June 2009

    As part of the Government's Building Britain's Future plans, Housing Minister John Healey has said that construction of thousands of extra homes will begin in a matter of months, thanks to the £1.5 billion pound housing investment announced by the Prime Minister

  • Appetite for new investment opportunity confirmed by expressions of interest

    12 June 2009

    A new initiative which could see hundreds of millions of pounds worth of new investment into the private rented housing sector has received 64 expressions of interest, the Homes and Communities Agency have announced

  • Housing Private Finance Initiative: bidding guidance for Round 6

    22 July 2008

    The Comprehensive Spending Review 2007 allocated up to £1.87 billion of new Private Finance Initiative (PFI) credits for local authorities to regenerate neighbourhoods and increase the supply of affordable rented housing.

  • Second round of the Housing Corporation's Regular Market Engagement process

    3 July 2008

    Flexibilities for the second round of the Housing Corporation's Regular Market Engagement (RME) process have been announced, moving towards the shortening of timescales for the next round and a subsequent move to a more continuous bidding process

  • The Growth Fund 2008-2011 – Consultation

    14 May 2008

    This consultation document has been published to seek views on proposals for the Growth Fund, which is the new mechanism by which funding for places pursuing growth will be provided for the period 2008-2011. Consultation closes 7 July 2008

  • Regional investment statements and scheme listings - April 2008

    8 May 2008

    The following Regional Investment Statements detail the outcomes from the first bid round of the 2008-11 National Affordable Housing Programme. This is the first tranche of new investment for the programme

 


Funding rent income and HB

 


Development

  • Housing associations – financial challenges and prospects

    9 November 2009

    Network briefing paper by Paul Reeves

  • £450m to get workers back on stalled housing sites

    29 October 2009

    Housing Minister John Healey has finalised a £450m funding package to kickstart work on over 150 stalled housing developments, getting work back on track and builders back on site

  • Government help for housebuilding hits £1 billion since June

    14 October 2009

    Government help for housebuilding has hit £1 billion as Housing Minister John Healey released £443m for over 8,000 new homes, helping tackle the shortage of affordable homes, support the construction industry through the recession and create jobs and apprenticeships

  • Proposed changes to the Growth Fund for 2010-11: Consultation

    2 October 2009

    The Growth Fund supports the provision of infrastructure for housing growth in the Growth Areas and Growth Points. Multi-year funding allocations have been announced. The allocations for 2010-11 are provisional and it is the government's policy only to change these in exceptional circumstances. This consultation is on the proposed changes to the Growth Fund in 2010-11. Consultation closes 13 November 2009

  • HCA unlocks 750 homes through Kickstart's first £10m

    15 September 2009

    A 141-home scheme in Redcar is the largest development to get Kickstart funding from the Homes and Communities Agency (HCA) in the first batch of successful bidders which have now been announced

  • Housing associations report £174m impairment charges

    12 August 2009

    Housing associations are thriving in the continuing difficult housing and credit market conditions, despite 92 associations reporting impairment charges totalling £174m for 2008/09 because the value of their homes and land has dropped, according to the Tenant Services Authority

  • Mayor of London and HCA invest £16m to 'kick start' development

    7 May 2009

    The HCA London Board, chaired by the Mayor of London, Boris Johnson, has agreed to invest over £16m in the latest two projects from its programme to ‘kick start’ developments in London that have been affected by the economic downturn

  • £605m for Local Authorities with plans for housing growth

    10 December 2008

    Housing Minister Margaret Beckett has today announced a £605 million allocation to 163 local authorities with long-term plans to increase house building to meet the needs of their communities

  • History made as Corporation signs first ever funding agreement with an ALMO

    26 November 2008

    For the first time in the Housing Corporation's history, a social housing funding agreement has been signed between an Arms Length Management Organisation (ALMO) and the Corporation. Stockport Homes has received £1.02m from the Corporation to fund 17 new homes

  • Milestone as Housing Corporation signs last funding agreements

    26 November 2008

    The Housing Corporation has added a further six partners to its list of delivery partners who are now able to proceed with delivering much needed affordable homes. The Corporation has signed over £25m in funding agreements with private sector and other new partners to deliver over 600 homes, as part of the Corporation's £8.4 billion 2008-11 investment programme

  • Fourth affordable homes developers report – November 2008

    26 November 2008

    From January 2008 the Housing Corporation initiated a regular survey of around 100 of the largest developers, seeking to ascertain views on funding and housing markets. The report from the Corporation's fourth survey, undertaken in October 2008, is now available

  • Housing and Planning Delivery Grant

    11 November 2008

    Speech by The Rt Hon Margaret Beckett MP, Minister for Housing

  • Over £100m to help councils unlock their housing market

    11 November 2008

    Margaret Beckett has announced that Councils will get over a hundred million pounds to help maintain the building of the family and first-time buyer homes still desperately needed

 


Efficiency and VfM

 


Others/general

  • Audit services

    29 December 2009

    Network briefing by HQN’s Financial Director, Steve Wood (ACA)

  • Town hall chiefs to face public pay scrutiny

    18 December 2009

    New rules to compel local authorities to fully disclose the pay and perks of top posts and name those earning more than £150,000 have now been set in law

  • Local authority capital expenditure and receipts, England: 2008-09 final outturn

    29 October 2009

    The latest national statistics on the final outturn figures of local authority capital expenditure and receipts in the financial year April 2008 to March 2009

  • Local authority capital expenditure and receipts, England: 2009-10 capital forecast

    3 July 2009

    The latest national statistics on the forecast figures of local authority capital expenditure and receipts in the financial year April 2009 to March 2010 has now been released

  • Sustainable Communities Act 2007: Local Spending Report England 2006-07

    29 April 2009

    The Sustainable Communities Act 2007 places a requirement on the Secretary of State to make arrangements for the production of local spending reports. On 20 February 2009 CLG launched a consultation on the first arrangements. This is the first report which has been developed with regard to responses to the consultation

  • Is a not-for-profit home credit business feasible?

    30 March 2009

    Commercial home credit is long established, with large numbers of customers on low incomes. Customers value many of its features highly, but the cost is high. This study tested the commercial feasibility of a not-for-profit home credit service

  • The Empowerment Fund: Prospectus

    31 October 2008

    The Empowerment Fund will provide strategic, stable and sector funding for organisations with charitable, philanthropic or benevolent purposes. The result is intended to achieve a stronger relationship across the sector by working closely with 20-25 organisations on helping the department achieve its goals around key themes on the empowerment agenda

  • Annual viability reviews of housing associations set to get underway

    25 September 2008

    The Housing Corporation’s 2008 assessment of the financial viability of housing associations will be overseen by a panel made up of senior Housing Corporation regulation staff and external consultants

  • Participatory Budgeting: a draft national strategy: Consultation - Summary of responses

    22 September 2008

    In March 2008, Communities and Local Government published a consultation seeking views on the draft Participatory Budgeting National Strategy. Specifically, the document sought views on the strategy as a plan to achieve the government's ambition for participatory budgeting to be used in all local authority areas by 2012. This report sets out the common views expressed and the government's response to them

  • Cash for councils that lead by example

    8 July 2008

    Secretary of State for Communities and Local Government, Hazel Blears, last night announced extra funding to encourage local government to spread their good practice and work - from affordable housing to anti-social behaviour

  • Credit crunch checklist

    22 May 2008

    The current economic climate is affecting all business sectors, including the housing sector. The checklist can be used to test key elements of your organisation, be it a housing association, ALMO or local authority

  • Financial inclusion

    15 April 2008

    Network briefing by Chloe Fletcher outlines good practice and explores the issues raised by financial inclusion

 


Business planning for LAs

 


Business planning for HAs

 


Accounting and technical

 


HRA Subsidy

 


Freedoms and flexibilities

  • Councils gain new powers to increase prosperity

    6 July 2009

    Councils have been given a real boost to help secure the long-term economic prosperity of their communities with the Royal Assent of the Business Rate Supplements Act. The Act provides county councils, unitary district councils and, in London, the Greater London Authority with a new discretionary power to raise a supplement on the business rate and retain those funds to support additional projects aimed at economic development

  • Proposed changes to the delivery of local authorities' and FRAs' freedoms and flexibilities after the introduction of CAA

    7 May 2009

    This CLG consultation paper, aimed at English local authorities and fire and rescue authorities, their partners and stakeholders, includes proposals to reduce or simplify the requirement to create plans for central government on issues such as local transport, youth justice and air quality; extend the power to trade for profit to all English councils and fire and rescue authorities, enabling them to offer a broad range of services such as in building, highways and vehicle maintenance; and allow councils to spend any income from environmental fixed penalty notices as they see fit

  • History made as Corporation signs first ever funding agreement with an ALMO

    26 November 2008

    For the first time in the Housing Corporation's history, a social housing funding agreement has been signed between an Arms Length Management Organisation (ALMO) and the Corporation. Stockport Homes has received £1.02m from the Corporation to fund 17 new homes

  • Housing Private Finance Initiative: bidding guidance for Round 6

    22 July 2008

    The Comprehensive Spending Review 2007 allocated up to £1.87 billion of new Private Finance Initiative (PFI) credits for local authorities to regenerate neighbourhoods and increase the supply of affordable rented housing.

  • The Growth Fund 2008-2011 – Consultation

    14 May 2008

    This consultation document has been published to seek views on proposals for the Growth Fund, which is the new mechanism by which funding for places pursuing growth will be provided for the period 2008-2011. Consultation closes 7 July 2008

  • New consultation to give people greater say over local spending

    19 March 2008

    Communities Secretary Hazel Blears has set out a new draft strategy for consultation to give people in every local authority area a greater say on how public money is spent by 2012, including exploring for the first time using 'community kitties' for projects to fight crime and tackle obesity

  • Participatory Budgeting: A Draft National Strategy - Giving more people a say in local spending

    19 March 2008

    CLG consultation which seeks views on the draft Participatory Budgeting Strategy. Specifically, the document seeks views on the strategy as a plan to achieve the Government's ambition for participatory budgeting to be used in all local authority areas by 2012

 


Housing finance training

 


Affordable homes