Select Committee on Transport, Local Government and the Regions Memoranda


Supplementary memorandum by Housing Corporation (AFH 43(a))

Annex 1

BACKGROUND: THE HOUSING CORPORATION AND REGISTERED SOCIAL LANDLORDS

  The Corporation is a Non-Departmental Public Body (NDPB) with responsibility in England for the registration, regulation and funding of Registered Social Landlords (RSLs)—better known as housing associations. It is also responsible for promoting the proper performance of RSLs. It was originally set up under the terms of the Housing Act 1964. Its responsibilities, which government has developed and extended since then, are now principally set out in the Housing Associations Act 1985 and the Housing Act 1996.

  The Corporation's mission is "Raising the Standard for Homes and Neighbourhoods". Underpinning this statement are four key aims:

    —  to regulate to promote a viable, properly governed and properly managed housing association sector;

    —  to invest for the creation and maintenance of safe and sustainable communities[30];

    —  to champion a tenant focus in the housing association sector; and

    —  to be a modern, customer-centred, forward looking organisation, leading change in the sector.

  There are 2,060[31] RSLs on the Corporation's register. They provide just over 1.3 million homes for rent by those in housing need throughout England and around 92,000 shared ownership homes and leasehold dwellings for the elderly[32]. RSLs are independent organisations run by non-executive, voluntary Boards. They are constituted in a variety of ways—many are charities registered with the Charity Commission and others are constituted as friendly societies. They are not dependent solely on public funds. Since the passing of the Housing Act 1988 the sector has attracted significant amounts of private sector finance. Private finance amounts to £17 billion[33] which combines with a total of over £24 billion of public investment, channelled through the Corporation's Approved Development Programme (ADP) and through Local Authority Social Housing Grants (LA SHG).

  RSLs vary widely in their size and range. While 60 per cent own fewer than 50 homes, by contrast the largest have assets in excess of £1 billion. An increasing number of RSLs have taken on the social housing transferred from the local authority sector.




Annex 2

Table 1

ADP AND LASHG COMPLETIONS FROM 1996-97 TO 2000-01
1996-97 ADPLA 1997-98 ADPLA 1998-99 ADPLA 1999-2000 ADPLA 2000-01 ADPLA
Housing for rent26,200 9,02922,0839,166 22,0819,16319,401 7,81617,3737,689
TSH2,00072 2,7772491,804 1381,194250 943133
Rent Total28,200 9,10124,860 9,41523,885 9,30120,595 8,06618,316 7,822
Homebuy00 000 088531,487 30
Housing for sale4,091 2044,311370 4,2392882,956 3012,551256
DIYSO2,431230 1,9852521,472 192191226 0311
TIS7,02972 4,262752,364 8541345 00
Sale Total13,551 50610,558 6978,075565 4,445575 4,038597
ADP Total41,751 9,60735,418 10,11231,960 9,86625,040 8,64122,354 8,419
ADP/LA (Gross)
Expenditure
£ million
1,044.4349.33 683.8363.392 606.51334.593 637.53328.099 717.00399.903


Table 2

2001-02 COMPLETIONS FOR ADP AND LASHG BY REGION
LondonS East S WestE Mids EasternW Mids Y & HN East N WestMersey Total
ADP
MFRENT4,7472,450 2,1511,2251,576 1,4961,511680 1,72394118,500
TSH376130 73452 34162025 38894
Rent Total5,123 2,5802,224 1,2291,6281,530 1,673680 1,74897919,394
HOMEBUY466314 20088105 581911 901,270
MFSALE699305 12123053 138119110 402342,211
Sale Total1,165 619321 318158196 138121 411343,481
Total6,288 3,1992,5451,547 1,7861,726 1,8118012,159 1,01322,875
ADP (Gross) Expenditure £ million341.511 93.51751.07634.44 51.62358.50247.648 23.23451.55721.423 774.531
LondonS East S WestE Mids EasternW Mids Y & HN East N WestMersey Total
LASHG
MFRENT1,0782,059 6133931,142 4284723 265576,105
TSH7027 31012 006 0128
Rent Total1,148 2,086616 3931,152440 4723271 576,233
HOMEBUY2513 30 2000 043
MFSALE73201 22753 29208 0395
DIYSO9238 16150 22000 0300
Sale Total107 4524122 53532 080 738
Total1,255 2,538657415 1,205493 4923279 576,971
LASHG (Gross) Expenditure £ million 112.492140.884 58.16112.662 58.70915.165 3.3280.529 6.9921.495410.417




30   Sustainable communities are those in which people want and are able to live now and in the future. Back

31   As at 29 November 2001. Back

32   Figures frm RSR 2001, but they have not yet been adjusted for non-response. Final figures may vary. Back

33   Level of funding drawn as at 31 March 2001. Back


 
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Prepared 1 July 2002