Review of local authorities’ role in housing supply

Dr Tim Brown, on behalf of CCHR and the project team contributed to the Review of local authorities’ role in housing supply.  The submission is available to download from this link.

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Independent Commission on Local Government Finance

Dr Tim Brown, on behalf of CCHR and the project team has submitted evidence to the Independent Commission on Local Government Finance.  The submission is available to download from this link.

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City Growth Commission

Dr Tim Brown on behalf of CCHR and the project team, submitted evidence to the RSA  City Growth Commission.

All evidence submitted to the commission has been published and is available from this link.

 

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Research Report Launch

The CIH launched a report today on Low Income Housing Tax Credits.  The new research was undertaken by UK housing association development director Vic O’Brien.  Dr Tim Brown attended the event.

The report is available to download from this link.

The presentation is available to download from this link.

There is also an article about the research in Inside Housing, by Carl Brown on 8 July 2014, entitled ‘US-style finance model could replace social housing grant’ which can be accessed from this link.

 

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ENHR Conference


enhrProfessor Jo Richardson and Professor Michael Oxley presented a paper at the ENHR 2014 Conference, Housing Finance workshop, entitled ‘Boosting affordable UK housing supply through conditional object incentives: can comparative studies and knowledge exchange help us learn the lessons?’

A copy of the paper is available from this link.

ABSTRACT

This paper will explore the potential of alternative approaches to subsidising the delivery of affordable housing in the UK. Using evidencefrom two case-study countries:France and the USA the paper will examine the value of conditional object incentives that promote the supply of affordable rented housing. The aims and the outcomes of this approach will be critically assessed for potential lesson learning with an emphasis on the capacity of such incentives to deliver value for money with respect to output and affordability. The subsidies considered will include tax reductions and tax credits as used in France and the
USA.A key aspect of the paper is an analysis of the potential benefits and the possible hazards of a comparative research approach. This will draw on a process of ‘knowledge exchange’ utilised by the authors as part of an ESRC funded project during 2013. The paper will consider whether a conditional object incentive approach might work in the UK as an alternative, or an addition, to current supply and demand side support and whether (1) policy transfer, (2) innovation and (3) diffusion of such a policy can help to boost affordable housing supply. The potential benefits of such an approach will be outlined as well as the barriers to implementation.

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Tax Reliefs Report

The Public Accounts Committee’s Third Report of Session 2014-15 includes evidence of the review on tax reliefs.

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Funding Housing and Local Growth

New pamphlet published by The Smith Institute on ‘Funding Housing and Local Growth’, available from available from this link.  It calls for tax reforms and a national investment bank.

Summary

“How are we to double our rate of house building without fundamentally changing the delivery model? This pamphlet shows how by setting up a Municipal Investment Corporation (MIC), linked to the proposed British Investment Bank (BIB), appropriate sites and private investment can be mobilised in ways that will not only boost small businesses but also help cut energy and transport costs and pollution. This would achieve what people in all political parties have long argued – a system that looks toward the future, as well as takes account of externalities or wider considerations rather than simply profit and loss. Most people do not want growth at any price but smarter growth that leaves a richer legacy for future generations by linking new housing with jobs and infrastructure.”

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Making local economies matter

The Smith Institute has published its research, funded by Places for People, on ‘Making Local Economies Matter’.  The report is available from this link.

SUMMARY

Making local economies matter: a review if policy lessons from the Regional Development Agencies and Local Enterprise Partnerships

By John Healey MP with foreword from Ed Balls and Andrew Adonis Published May 2014

This major new report by John Healey MP and Les Newby recommends a radical and accelerated devolution of powers to LEPs to deal with the widening economic divide. The report reviews in detail the policy lessons from the Regional Development Agencies (RDAs) and Local Enterprise Partnerships (LEPs) and concludes that more jobs, growth and wealth generated locally are a vital part of a balanced economy. The report argues for a fresh commitment to stronger support for England’s local economies and that active policies to promote economic development at local and regional level are essential. It shows that RDA achievements compare well against the LEPs that replaced them, and reveals that from 2000 to 2010 the poorer English regions were able to achieve almost the same rate of GVA growth as the prosperous regions but since 2010 early data show the gap in growth rates is five times greater. However, the report concludes that going back to square one will not succeed and that rather than sweeping away the current structures it recommends drawing on the experience of both RDAs and LEPs to make LEPs fit for the future. Based on policy lessons from the last Labour Government’s experience with RDAs and echoing key recommendations from Lord Heseltine’s 2012 Growth Review, the report calls for fewer, stronger, business-led LEPs – with extra powers, larger independent funds and a common sense approach to the areas they cover. To make sure that local businesses and communities work well together, the report proposes that there should be joint local government sign-off on the LEP’s economic strategy to unlock substantial single pot of funds. And to guarantee clear accountability in Westminster, a single Government department should have responsibility for LEPs.

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Let’s House Britain

David Cowans, Chief Executive at Places for People, took part in a seminar of expects to launch the report, published by Legal and General, called ‘Let’s House Britain’. The report is available from this link.

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KPMG and Shelter Report

New research published today by KPMG and Shelter calling for more house building.

The report is available from this link.

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