APPENDIX 1
Table A
ESTIMATED EXTRA COSTS OF PROVIDING TEMPORARY
ACCOMMODATION (compared to providing permanent housing)
Assumed annual increase in households in PSLS and HALS: 0
|
No of years grant is spread over (in equal instalments): 25
|
| TA type and size | Present value of the
cash cost over 30 years
| Present value of the
cost per home over 30 years
|
| 1 bed PSLS/HALS | £317,212,040
| £95,095
|
| 2 bed PSLS/HALS | £1,440,116,080
| £103,238
|
| 3 bed PSLS/HALS | £1,100,464.835
| £100,803
|
| 4 bed PSLS/HALS | £168,998,603
| £92,882
|
| 5 bed PSLS/HALS | £42,247,867
| £139,317
|
Total Cost of PSLS/HALS in London £3,069,039,425
| |
| Notes: | |
|
| This table is a summary of the relative cost of temporary accommodation to permanent accommodation over a 30-year period for the numbers in B&B/annexes and private sector leased/housing association leased accommodation as at January 2004.
|
| It is broken down by bedsize and shows the total of the relative cash cost per bedsize and type multiplied by the numbers in that form of temporary accommodation and the proportion of people in that bedroom category.
|
| The table shows the total cash costs of temporary accommodation for B&B/annexes and private sector leased/housing association leased accommodation. It then gives the total for London.
|
| It is assumed that the permanent accommodation is funded by a government grant at 40% of the total houseprice (at purchase and repair levels) and that this grant is paid in equal amounts over 25 years.
|
| |
|
Table B
ESTIMATED EXTRA COSTS OF PROVIDING TEMPORARY ACCOMMODATION
(compared to providing permanent housing)
Assumed annual increase in households in PSLS and HALS: 3,000
|
No of years grant is spread over (in equal instalments): 25
|
TA type and size | Present value of the
cash cost over 30 years
| Present value of the
cost per home over 30 years
|
| 1 bed PSLS/HALS | £802,872,804
| £95,095
|
| 2 bed PSLS/HALS | £3,484,319,192
| £103,238
|
| 3 bed PSLS/HALS | £2,557,169.003
| £100,803
|
| 4 bed PSLS/HALS | £374,671,059
| £92,882
|
| 5 bed PSLS/HALS | £92,366,773
| £139,317
|
Total Cost of PSLS/HALS in London £7,311,398,831
| |
| Notes: | |
|
| This table is a summary of the relative cost of temporary accommodation to permanent accommodation over a 30-year period for the numbers in B&B/annexes and private sector leased/housing association leased accommodation as at January 2004.
|
| It is broken down by bedsize and shows the total of the relative cash cost per bedsize and type multiplied by the numbers in that form of temporary accommodation and the proportion of people in that bedroom category.
|
| The table shows the total cash costs of temporary accommodation for B&B/annexes and private sector leased/housing association leased accommodation. It then gives the total for London.
|
| It is assumed that the permanent accommodation is funded by a government grant at 40% of the total houseprice (at purchase and repair levels) and that this grant is paid in equal amounts over 25 years.
|
| |
|
|
|
