Social Housing Information
Ten-Year Decent Homes Standard
In its Capital Spending Review 2000, the Government outlined an ambitious 10-year Catch-Up Repairs Programme to eliminate the backlog of works to social housing, seeking to bring all social housing up to a “decent” standard by 2010/11. The programme of works is estimated to cost around £19 billion. Regardless of any changes in future government policy, there will need to be guaranteed spending on social housing, provided either through Communities & Local Government (CLG) or through private finance, to achieve this target.
Local Authorities:
Local Authorities must therefore review whether the funding they receive from Communities & Local Government (CLG) i.e. HIP/MRA is sufficient to bring their stock up to the Decent Homes Standard by the 2010/11 deadline.
If not, they must choose one of the three alternatives:
- Via Stock Transfer – selling stock to an RSL (Registered Social Landlord) who then utilises private finance to refurbish the stock.
- Via Private Finance Initiative PFI (HRA) - utilises private finance via a consortium to carry out major stock refurbishment. Day-to-day management and maintenance is also provided by the consortium for the next 25-35 years of the contract.
- Via an Arms Length Housing Management Organisation (ALMO) – the best performing LAs maintain ownership of their stock while the major refurbishment, day-to-day management and maintenance is carried out by a 'third party' set at 'arms length' to the authority. Additional funding is available for this.
Registered Social Landlords:
The Housing Corporation unveiled its biggest ever investment programme of more than £3.9 billion over a two year period (2006/07-2007/08). The database provides details of which RSLs have received this money plus the personnel involved in spending this money!
Social Housing Statistics
- 450 UK Local Authorities
- 46% have no stock (transferred stock to RSL/set up ALMO)
- 54% control/retain stock
- 1,476,632 LA Stock Volume
- 66 UK ALMO’s (including Round 6 ALMO’s)
- 1,042,600 ALMO Stock Volume
- 1771 UK Registered Social Landlords
- 2,574,021 RSL Stock Volume
TOTAL NUMBER OF SOCIAL HOUSING PROVIDERS: 2287
TOTAL STOCK: 5,093,253
- 15 UK PFI Projects
- 12 UK Existing Consortia
- 143 Members
- 1,133,795 stock