reimagining regeneration - social housing services corporation€¦ · • 13,000 ft of affordable...

32
Reimagining Regeneration David Cowans Group Chief Executive Places for People

Upload: others

Post on 06-Jun-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Reimagining Regeneration

David Cowans Group Chief Executive

Places for People

Page 2: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

About Us

•  One of the largest property management, development and regeneration companies in the UK. Financially robust with assets in excess of £3 billion

•  Manage more than 62,000 homes across the UK

•  Work with 230 local authorities and thousands of customers

•  More than 2500 employees.

Page 3: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Challenges

•  Increasing new supply • Neighbourhood

regeneration • Sustaining tenancies • Stock condition and

carbon emission reductions

Page 4: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Our Ambition

• To widen housing access • To meet future housing demand • Help customers achieve their aspirations • Create and capture value

Page 5: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided
Page 6: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

A range of requirements

A range of solutions

Page 7: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Other Products Shared ownership Can start purchasing 25% to 50% of the house and renting the rest.

‘Try before you buy’ Rent a property for a fixed period of time, say a year. If the customer then decides to buy it, the company gives back some / all of the rent to be used as a deposit.

Major works Equity Loan PfP takes a stake in the property and provides a loan to carry out major works. Interest is charged at the rate of the Retail Price Index from the previous December and adjusted every April. Interest rolled up and compounded monthly.

Page 8: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided
Page 9: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

•  81 Hectare estate •  2688 homes demolished: 15 tower

blocks, 300 maisonettes and 200 houses

•  Built 600 homes for sale (including shared ownership) and 300 homes for rent

•  Delivered a new school •  Elderly extracare scheme attracting

visitors from the whole city.

Page 10: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided
Page 11: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided
Page 12: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Brooklands 365 acres

Page 13: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

ST THOMAS SCHOOL, LONDON

Page 14: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided
Page 15: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Neighbourhoods

•  Assessing our neighbourhoods

•  Improving our neighbourhoods

•  Importance of the external “assets”

•  Impact

Page 16: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Neighbourhoods

Page 17: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Neighbourhood Planning Areas

Snowberry Close, Milton Keynes

North Hull East Craigs, Scotland

Astley Village - Chorley

St Pauls, Bristol

Page 18: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Community Food Growing

Page 19: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided
Page 20: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Financial Services

•  Average of 750 loans per year •  Positive impact on local

communities – reduction in reliance on doorstep lenders

•  Over 2,500 first time buyers helped onto housing ladder

•  Home improvement loans provided to homeowners

•  Staff loans available.

Page 21: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Recent funding activity •  £450 million private finance raised on

an unsecured basis, including: –  £175 million wholesale bond issue –  £140 million retail bond issue –  £76 million private placement

(denominated in Japanese Yen) (Unsecured)

–  $75 million US private placements (Unsecured)

•  $200 million US private placements (Secured)

Page 22: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Bonds •  Places for People Homes has been

working with Allia since 1999, and has supported a number of bond issues across the UK.

•  To date around £35M has been invested in local communities: £10M from Bond subscriptions and a further £25M of UK and European Union matched funds.

•  A variety of locations have seen jobs created, affordable homes and workspaces built, business ideas funded, creative industries nurtured, and people supported.

Page 23: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided
Page 24: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Bonds •  Over 4,000 people have been provided with

advice, support and training

•  1,000 people have been helped into jobs

•  Over 200 people have been helped to start their own business - as a result creating further jobs

•  13,000 ft of affordable social enterprise work space has been developed

•  Financial support has been provided to 5,000 people at risk of loan sharks

•  New affordable homes have been built in areas such as the Manor and Norfolk Park, Sheffield.

Page 25: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Management and Services

Page 26: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Community Champions •  Partnership initiative •  Free learning

programme over 8 weeks

•  Successful adoption in 11 schools during 2011/12

•  2012/13 programme delivery under negotiation in exisitng and new schools.

Page 27: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

•  We have an in-house property maintenance, repairs and gas servicing team which operates 365 days a year

•  This covers c. 90% and all of our gas servicing and property repairs needs

•  In 2011 232,000 repairs were carried out

•  We have a £150 million five year stock investment programme underway

Repairs and Stock Investment

Page 28: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

•  We have been providing high-quality care and support services for over 40 years

•  Working with around 200 local authorities across England and Scotland we provide homes and services to 6,752 people

•  We also provide services to private individuals who buy tailored care and support packages from us to help them live independently in their own home.

Care and Support Services

Page 29: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Capability Flexibility Making a difference

Capacity

Page 30: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Measuring Progress

•  87.8% of customers would recommend Places for People as a landlord

•  97% of customers satisfied or very satisfied with the repairs service

(34% / 66%)

Page 31: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

Doing Things Differently •  Innovative funding models

accessing new types of funding

•  Improved profitability through efficiency, scale and diversification

•  New business models to cross subsidise activities

•  Flexibility over income groups and tenures.

Page 32: Reimagining Regeneration - Social Housing Services Corporation€¦ · • 13,000 ft of affordable social enterprise work space has been developed • Financial support has been provided

“The best way to predict the future is to invent it.”

Alan Curtis Kay