Hounslow Homes New Build Barbara Perry: LB Hounslow The Basic - - PowerPoint PPT Presentation

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Hounslow Homes New Build Barbara Perry: LB Hounslow The Basic - - PowerPoint PPT Presentation

Hounslow Homes New Build Barbara Perry: LB Hounslow The Basic Model Council sells land to Hounslow Homes for a nil receipt, Hounslow Homes develops for housing including affordable rented housing. Cross subsidy from parallel sale at


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SLIDE 1

Hounslow Homes New Build

Barbara Perry: LB Hounslow

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SLIDE 2

The Basic Model

  • Council sells land to Hounslow Homes for a nil

receipt, Hounslow Homes develops for housing including affordable rented housing.

  • Cross subsidy from parallel sale at nil receipt to

private developer for homes for sale.

  • LB Hounslow has 100% nomination rights.
  • Tenancies are Hounslow Homes assured

tenancies not LBH secure tenancies.

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SLIDE 3

Proposal Developed with the Council

  • LBH/HH working party from Dec 2004
  • PWC assessment of legal and financial situation
  • Initial approval Jan 2006
  • Council elections May 2006
  • Renewed approval Dec 06 (contractual RTB

added)

  • April 2007 approval of London Regional Housing

Pot schemes

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SLIDE 4

Council areas for consideration 4 roles with different responsibilities and interests

  • Strategic housing role
  • Landlord for tenants
  • Landowner
  • Company owner
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SLIDE 5

Progress on the new build scheme

  • Ministers have agreed to a pilot – Convent Way
  • HH has procured via OJEU process 2 development

partners (Lovells and United House/A2)

  • Legal framework being finalised
  • Successful bid for London Regional Housing Board

Support for 3 further scheme(32% of monies allocated for estate renewal in London for 2007/8)

  • Housing Corporation approval mid 2007 of HH as a body

that can receive HC Social Housing Grant.

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SLIDE 6

Convent Way and North Hyde Lane

  • Self financing
  • 30 flats for sale,4 shared ownership flats,15

affordable rented homes

  • 4x4B Houses,11 x 3B Houses
  • Scheme has planning consent
  • Initial lets for existing tenants on Convent Way in

housing need on Convent Way

  • Legal agreements being finalised
  • Completions likely to be late 2008 /early 2009
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SLIDE 7

Beavers Lane

  • £29m scheme supported by London

RHP(£5.6M)

  • Phased demolition and new build
  • 4 Blocks to be demolished 72 flats ((17

leaseholders)

  • 189 new homes inc. 94 affordable (rent/LCHO)
  • Planning Application not yet submitted
  • Regeneration at Clements Court
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SLIDE 8

Heston Area Renewal

  • £23m scheme supported by London RHP (

£6.55M)

  • 155 new units including 87 affordable across 5

estates

  • 35% 3B + cross tenure
  • Also some regeneration work on the five estates
  • Planning application not yet submitted
  • No demolition apart from Passingham House

(now vacant)

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SLIDE 9

Manor Lane Estate ( inc Rose and Moss Gardens)

  • £16m scheme supported by London RHP(£4.1M)
  • Phased scheme –demolition and new build
  • Demolition of Moss Gardens and (subject to

consultation) 32 flats at Manor Lane (Phase 2).

  • 100 new homes
  • 32 affordable for rent, 20 LCHO
  • 35% 3b+ for private sale and intermediate units
  • Regeneration of small disused paddling pool/park area
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SLIDE 10

The Future

  • Lots of small areas of HRA land in the

Borough but would need Council approval for further schemes

  • Green Paper
  • Self financing HRA