The costs of the Homes and Communities Agency are set out in the Housing and Regeneration Bill impact assessment. This states that the one-off cost of setting up the Homes and Communities Agency will be £20 million over three years and the average annual cost of the Agency from 2009 will be approximately £17 million per annum. However, the average annual benefit to the public purse anticipated for the period 2007-08 to 2013-14 is £193.7 million per annum. This will be gained from more streamlined working, simpler delivery chains, a more strategic approach to operations, a single identity of a national housing and regeneration agency, harnessing scarce skills and increased negotiating skills for procurement.
The costs of the Infrastructure Planning Commission are set out in the Planning Bill impact assessment. This states that the one-off cost of setting up the IPC will be £5 million. Our intention is that the administrative running costs of the IPC will be met through fees from applicants, and not from the public purse. The fact that the IPC will examine cases instead of Ministers will mean savings to central Government of £0.6 million per annum and to the Planning Inspectorate of £0.3 million per annum.