Skip to main content

Homes and Communities Agency: Finance

Volume 507: debated on Tuesday 9 March 2010

To ask the Secretary of State for Communities and Local Government pursuant to the answer of 1 March 2010, Official Report, column 959W, on the Homes and Communities Agency: finance, (1) what steps the agency (a) has taken and (b) plans to take to save £30 million from the Community Infrastructure Fund; and if he will make a statement; (320929)

(2) when he expects the agency to (a) identify and (b) announce the programmes from which the remaining £25 million of efficiencies will be made;

(3) for what purpose the £26 million in recycled receipts from the Derelict Land Grant programme had originally been intended; and if he will make a statement.;

(4) what steps the agency (a) has taken and (b) plans to take to save £2 million from the Property and Regeneration programme; and if he will make a statement;

(5) what steps the agency (a) has taken and (b) plans to take to find £50 million from making efficiencies within the national affordable housing programme; and if he will make a statement.

As part of the funding for the Housing Pledge, the Homes and Communities Agency (HCA) was asked to find £183 million across 2009-10 and 2010-11 through efficient and flexible management of its housing and regeneration programmes.

For the Community Infrastructure Fund (CIF) the HCA has sought greater efficiencies within project timescales by local authorities and looked to encourage alternative funding sources either locally or by substitution of funding from other related sources.

In respect of the Land and Property programme and Derelict Land Grant, the additional receipts returned to the HCA were allowed to be retained by the Agency to fund the Housing Pledge. Given the uncertain timing of all Derelict Land Grant receipts, the £26 million had not been earmarked for any specific programme prior to being allocated to the Housing Pledge.

Efficiencies are being achieved through the NAHP through the competitive bidding process and value for money assessment of the various schemes.

All this has enabled HCA to find £158 million of efficiencies over 2009-10 and 2010-11, the remaining £25 million will be identified by the HCA through the current business planning process where the targets and profiles of programmes are being closely examined and tested.