- Slides: 8
PCNPA Scrutiny Committee: Delivering Affordable Housing Sue Finch, WLGA March 2013
Welsh Local Government Association • WLGA role • Involvement in affordable housing policy development • What do we mean by affordable homes?
• Delivering affordable housing : key challenges for Wales rising levels of unmet housing need 14, 200 homes needed pa, (5, 100 non market) • limited access to mortgages • reduced public investment in affordable housing 2011/12 £ 75 m, 2012/13 £ 60 m, 2013/14 £ 53 m 2, 500 affordable homes developed per year • developers reluctant to build under 6, 000 per year built
Delivering Affordable housing : Key Challenges for national parks • in-migration & second home demand • • resistance to development high income : house price ratio ( 5: 1) small sites – high costs/cross subsidy difficult expectations of land owners limited supply of social housing aging population securing affordable homes in perpetuity • sustainability of communities
Meeting the challenges • no silver bullet! • Leadership is crucial • partnerships are essential • ensure you have a robust and current understanding of the housing market and need • win hearts and minds
Partnership with the housing Authorities • make full use of existing homes (private, social & empties) • limit right to buy sales • increase access to mortgages • use public land to subsidise affordable homes • affordable housing register to identify purchasers • • maximise RSL development address housing needs of older people maximise council tax income local lettings policies/social lettings
Increasing supply of affordable homes • review affordability levels annually • • • Use s 180 to secure affordability in perpetuity use standard covenants to ensure mortgagability set maximum % ownership for share ownership encourage release of exception sites ensure benefits of LCHO provision are passed onto subsequent purchasers • restrict initial self-build/ conversion values and subsequent resale to % below market price • build partnership with private developers
Thank you, Any Questions ?