SLIDE 1
Housing Delivery
Forecasts
Enabling /Section 106 Grant Funding Land Release Goram Homes HRA MMC/ Bristol Housing Festival Major Projects
Housing Delivery Update Growth & Regeneration Scrutiny - - PowerPoint PPT Presentation
Housing Delivery Update Growth & Regeneration Scrutiny - - PowerPoint PPT Presentation
Housing Delivery Update Growth & Regeneration Scrutiny Commission 14 September 2020 Housing Delivery Forecasts MMC/ Enabling Grant Land Major Bristol Goram /Section HRA Funding Release Projects Housing Homes 106 Festival
SLIDE 2
SLIDE 3
380
We anticipated 48% to be delivered through Registered Providers (RPs) Therefore 52% additional Affordable Homes would need to be delivered by
- ther interventions
3
If 2000 homes p.a. are delivered it is assumed 40% (800) will be affordable
420 800
2017 Assumptions on how will the 800 Affordable Homes be delivered ?
Housing Delivery Routes
Enabling /Section 106 Grant Funding Land Release Goram Homes HRA Major Projects
SLIDE 4
4
513
COVID-19 has had a significant impact
- n Housing Delivery:
- RPs are forecasting a 6 month lag in delivery due
to temporary site closures and capacity issues
- Contractors are operating between 50 – 90%
capacity
- Build prices are increasing
- Planning submissions and approvals have been
delayed
- Uncertainty about longer-term economic impacts
SLIDE 5
380
Affordable homes forecasted to be delivered through RPs Affordable homes forecasted to be delivered by HRA & other routes
5
Revised target for affordable housing completions
109 500
Current 2020/21 Forecast Trajectory
5
Housing Delivery Tools
Enabling /Section 106 Grant Funding Land Release Goram Homes HRA MMC/ Bristol Housing Festival Major Projects
SLIDE 6
6
Affordable Housing Completion Scenarios
Legend Actual AH completions Forecasted AH completions (best case) Forecasted AH completions (weighted based on historical actuals vs target) Forecasted AH completions (theoretical projection escalating at 15% each year)
200 400 600 800 1000 1200 1400 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 (estimate) 2021/22 (estimate) 2022/23 (estimate)
SLIDE 7
Housing Delivery
Actions to meet housing targets
Enabling /Section 106 Grant Funding Land Release Goram Homes HRA Bristol Housing Festival/ MMC Major Projects
SLIDE 8
Enabling /Section 106 Grant Funding
Actions to meet housing targets (1/4)
SLIDE 9
Housing Delivery - Strategic Context Actions to meet housing targets (2/4) Land Release Major Projects
SLIDE 10
Housing Delivery - Strategic Context Actions to meet housing targets (3/4) HRA Bristol Housing Festival/ MMC
SLIDE 11
Housing Delivery - Strategic Context Actions to meet housing targets (4/4) Goram Homes