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To ask the Secretary of State for Business, Innovation and Skills what meetings have been held at his Department to discuss construction and housing finance in the last three months; and if he will publish the list of attendees, minutes and agendas of these meetings.
[117668]
To ask the Secretary of State for Business, Innovation and Skills what meetings have been held at his Department to discuss construction and housing finance in the last three months; and if he will publish the list of attendees, minutes and agendas of these meetings.
[117668]
During the period of 17 April to 17 July 2012 the Department for Business, Innovation and Skills has had in excess of 50 meetings with the construction and housing industries on a range of issues including finance.
To collate and publish details of attendees, agendas and minutes can be carried out only at a disproportionate cost.
To ask the Secretary of State for Communities and Local Government when the £30 million announced in the Government's Housing Strategy in November 2011 will be available to support provision of short-term project finance to the self-build sector.
[110411]
To ask the Secretary of State for Communities and Local Government when the £30 million announced in the Government's Housing Strategy in November 2011 will be available to support provision of short-term project finance to the self-build sector.
[110411]
The £30 million Custom Build Homes investment fund to support provision of short-term project finance for group self build projects on a repayable basis was launched on 7 July 2012.
Full details can be obtained from the Homes and Communities Agency. Separate arrangements for London will be announced shortly by the Greater London Authority.
To ask the Secretary of State for Communities and Local Government what expenditure his Department has incurred on (a) NewBuy Guarantee, (b) Get Britain Building Fund, (c) FirstBuy and (d) New Homes Bonus to date.
[110442]
To ask the Secretary of State for Communities and Local Government what expenditure his Department has incurred on (a) NewBuy Guarantee, (b) Get Britain Building Fund, (c) FirstBuy and (d) New Homes Bonus to date.
[110442]
The information is as follows:
(a) The NewBuy Guarantee scheme has incurred no expenditure to date; we would not expect it to given the nature of the initiative, as outlined in the Financial Minute which was laid before the House on 19 March.
(b) The Homes and Communities Agency has incurred expenditure of £2.3 million to date on Get Britain Building; as I outlined in my answer to the hon. Member's question of 18 June, Official Report, 687W, the programme funding is expected to be used, in the two years of 2012-13 and 2013-14. The prospectus for the investment fund was published on 22 December 2011, which sought expressions of interest from developers by 30 January 2012.
(c) The Homes and Communities Agency has incurred expenditure of £56.9 million on FirstBuy to the end of March 2012; housing statistics published on 12 June show there were 2,994 affordable homes completed under the scheme in 2011-12;
(d) My Department has provided £300.4 million to date in New Homes Bonus grants to local authorities. This includes rewarding councils for delivering nearly 137,000 more homes from October 2010 to October 2011 and bringing a further 22,000 back into use. The total to be distributed in 2011-12 and 2012-13 will be £633.2 million.
These figures include programme expenditure but exclude administrative expenditure and staff costs.
To ask the Secretary of State for Communities and Local Government (1) how many bids have been received to date to the Get Britain Building fund; and how many such bids have been successful;
[110412]
To ask the Secretary of State for Communities and Local Government (1) how many bids have been received to date to the Get Britain Building fund; and how many such bids have been successful;
[110412]
Get Britain Building is intended to unlock stalled sites with planning permission to help stimulate construction activity and provide new homes. The programme is intended to address difficulties in accessing development finance faced by some house builders and to help bring forward marginal sites by sharing risk. The £570 million public funding is being made available for this programme on the basis that it is recoverable. The programme will operate by making direct investments in specific projects through loans to address cash flow issues or taking an equity stake to build confidence through risk-sharing.
386 Expressions of Interest were received by the Homes and Communities Agency by the deadline of 30 January 2012. 224 bids were approved to be considered for funding subject to due diligence. 29 additional reserve list projects were added to the shortlist at the beginning of May 2012. The agency is making project approval decisions and reaching agreements with developers on a rolling basis through to July 2012. The precise number of dwellings supported by the funding and additional funding will depend on which individual bids are accepted.
Funding is not allocated on a regional basis, though the location of projects is a factor in the decision-making process. The funding allocated to each locality will depend on which bids are accepted following the due diligence and project approval process. The Homes and Communities Agency are making project approval decisions and reaching agreements with developers on a rolling basis.
Funding is expected to be used in the two years 2012-13 and 2013-14. Reflecting normal build times, homes unlocked by Get Britain Building are expected to be completed in 2013 and 2014. The deadline date for completions is December 2014.
(3) how many projects have received funding to date from the Get Britain Building fund first announced in November 2011; and what the (a) name, (b) location and (c) score was of each of the housing projects given funding;
[110414]
Jack Dromey:
(3) how many projects have received funding to date from the Get Britain Building fund first announced in November 2011; and what the (a) name, (b) location and (c) score was of each of the housing projects given funding;
[110414]
Jack Dromey:
Get Britain Building is intended to unlock stalled sites with planning permission to help stimulate construction activity and provide new homes. The programme is intended to address difficulties in accessing development finance faced by some house builders and to help bring forward marginal sites by sharing risk. The £570 million public funding is being made available for this programme on the basis that it is recoverable. The programme will operate by making direct investments in specific projects through loans to address cash flow issues or taking an equity stake to build confidence through risk-sharing.
386 Expressions of Interest were received by the Homes and Communities Agency by the deadline of 30 January 2012. 224 bids were approved to be considered for funding subject to due diligence. 29 additional reserve list projects were added to the shortlist at the beginning of May 2012. The agency is making project approval decisions and reaching agreements with developers on a rolling basis through to July 2012. The precise number of dwellings supported by the funding and additional funding will depend on which individual bids are accepted.
Funding is not allocated on a regional basis, though the location of projects is a factor in the decision-making process. The funding allocated to each locality will depend on which bids are accepted following the due diligence and project approval process. The Homes and Communities Agency are making project approval decisions and reaching agreements with developers on a rolling basis.
Funding is expected to be used in the two years 2012-13 and 2013-14. Reflecting normal build times, homes unlocked by Get Britain Building are expected to be completed in 2013 and 2014. The deadline date for completions is December 2014.
(7) how much funding his Department allocated under the Get Britain Building scheme in each region in (a) 2011-12, (b) 2012-13, (c) 2013-14 and (d) 2014-15.
[110421]
Jack Dromey:
(7) how much funding his Department allocated under the Get Britain Building scheme in each region in (a) 2011-12, (b) 2012-13, (c) 2013-14 and (d) 2014-15.
[110421]
Jack Dromey:
Get Britain Building is intended to unlock stalled sites with planning permission to help stimulate construction activity and provide new homes. The programme is intended to address difficulties in accessing development finance faced by some house builders and to help bring forward marginal sites by sharing risk. The £570 million public funding is being made available for this programme on the basis that it is recoverable. The programme will operate by making direct investments in specific projects through loans to address cash flow issues or taking an equity stake to build confidence through risk-sharing.
386 Expressions of Interest were received by the Homes and Communities Agency by the deadline of 30 January 2012. 224 bids were approved to be considered for funding subject to due diligence. 29 additional reserve list projects were added to the shortlist at the beginning of May 2012. The agency is making project approval decisions and reaching agreements with developers on a rolling basis through to July 2012. The precise number of dwellings supported by the funding and additional funding will depend on which individual bids are accepted.
Funding is not allocated on a regional basis, though the location of projects is a factor in the decision-making process. The funding allocated to each locality will depend on which bids are accepted following the due diligence and project approval process. The Homes and Communities Agency are making project approval decisions and reaching agreements with developers on a rolling basis.
Funding is expected to be used in the two years 2012-13 and 2013-14. Reflecting normal build times, homes unlocked by Get Britain Building are expected to be completed in 2013 and 2014. The deadline date for completions is December 2014.
To ask the Secretary of State for Communities and Local Government what capital projects the Homes and Communities Agency will have in (a) 2012-13, (b) 2013-14 and (c) 2014-15; and what he proposes the budget for each will be in each such year.
[110381]
To ask the Secretary of State for Communities and Local Government what capital projects the Homes and Communities Agency will have in (a) 2012-13, (b) 2013-14 and (c) 2014-15; and what he proposes the budget for each will be in each such year.
[110381]
Ministers set the overall strategic vision for the Homes and Communities Agency and its role and activities, and its operating and financial framework, and agree its overall budgets and delivery programmes at a high level through approving its corporate plan each year. Translating high level delivery programmes into individual capital projects, and determining the annual budget for each individual project, is largely an operational issue for the Homes and Communities Agency.
The agency has published extensive information on its planned capital allocations for 2012-13 to 2014-15, across most of its programmes, on its public website. These are
planned allocations which can be subject to change.
Information for the following programmes may be found at the following web addresses. In most cases the information is displayed by area and reflects differing periods over the spending review period rather than being on the basis of on an annual profile. Where annual profiles are provided future years (2013-14, and 2014-15) are indicative and maybe subject to change.
Affordable Homes Programme allocations published:
http://www.homesandcommunities.co.uk/affordable-homes
Planned allocations for 2012-15 made during 2008-11 under the former National Affordable Housing Programme were published at the time.
Homelessness Change Programme allocations published:
http://www.homesandcommunities.co.uk/sites/default/files/our-work/homelessness-change-programme-allocations-191011.csv
and
http://www.homesandcommunities.co.uk/sites/default/files/homelessness_change_additional_allocations_to_2015.csv
Traveller Pitch Funding allocations published:
http://www.homesandcommunities.co.uk/sites/default/files/our-work/tpf_allocations_january2012.csv
Empty Homes allocations published:
http://www.homesandcommunities.co.uk/sites/default/files/our-work/eh-2012-15-providers.csv
Clusters of empty homes was announced on 29 May, a breakdown is available on the at the following website:
http://www.homesandcommunities.co.uk/ourwork/clusters-of-empty-homes
FirstBuy and Mortgage Rescue are not organised on a capital projects basis. Further these are demand led programmes and therefore allocations are not provided in advance of applications by individuals.
The assessment process for Get Britain Building continues, but shortlisted and reserve schemes have
been announced and final decisions are expected shortly. Details of the short/reserved lists, as at the end of May, can be found on the following website:
http://www.homesandcommunities.co.uk/get-britain-building
Details of Decent Homes and Large Scale Voluntary Transfer gap funding can be found at the following link:
http://www.homesandcommunities.co.uk/ourwork/existing-stock
For the Homes and Communities Agency land-based delivery programme, for the Property and Regeneration sub-programme, I am placing a copy of this information in the Library of the House. For the Economic Assets sub-programme (for sites which transferred to the Homes and Communities Agency from the former regional development agencies in 2011) the assessment process is still ongoing and no decisions have yet been made on planned or indicative allocations.
For the Kickstart and Accelerated Land Delivery programmes, I am also placing a copy of this information in the Library of the House.
A 20% cut will see 1,200 police officers go in the west midlands. A further 20% cut in the next comprehensive spending review would mean, in the view of the police service, the end of community policing. Has the Home Secretary told the Chancellor of the Exchequer that, and can she rule it out?
A 20% cut will see 1,200 police officers go in the west midlands. A further 20% cut in the next comprehensive spending review would mean, in the view of the police service, the end of community policing. Has the Home Secretary told the Chancellor of the Exchequer that, and can she rule it out?
The hon. Gentleman knows perfectly well that we are not going to speculate about a future spending review. He might have pointed out that the latest figures show that recorded crime in the west midlands has fallen by 7% overall, and he might have congratulated the chief constable on that achievement, despite the fact that, like every other chief constable, he is having to make savings.