NIHE Asset Management Strategy Elma Newberry Housing Executive The - PowerPoint PPT Presentation

NIHE Asset Management Strategy Elma Newberry Housing Executive The Regional Housing Authority

Presentation Outline  Corporate Asset Management – The NIHE assets  NIHE Approach to Regeneration – Informing Community Asset Transfer Framework  Contemporary Community Development – Emerging Initiatives  CAT Issues/Opportunities/Next steps www.nihe.gov.uk The Regional Housing Authority

NIHE Corporate Asset Management  Current assets Asset Type Value at 31 March 2013 (figures in £ millions) – Housing Stock 3,310 (87,959 properties) – Development Land 45 (260 hectares) – Commercial Properties 11.9 – Offices/Depots 26.6 – Hostels 15.5 – Travellers Sites 2.7 www.nihe.gov.uk The Regional Housing Authority

NIHE Corporate Asset Management  operates an asset management strategy Land Terrier/Land Asset Site Identification Property Scheme Programmes Office accommodation Strategy  limit its land and buildings holdings to the minimum required to perform strategic objectives  Surplus land disposals  Vacant stock open market sale www.nihe.gov.uk The Regional Housing Authority

NIHE Regeneration Experience www.nihe.gov.uk The Regional Housing Authority

NIHE – Experience Community Asset Transfer  34 commercial facilities /24 land transfers/320 residential units supporting 221 community facilities Peace building and cross-community asset sharing  SLIG Suffolk-Lenadoon  Long process of cross-community dialogue based on the need to use the interface as an asset to provide services local people need  Social enterprise offering multiple facilities and services & incentivising new private sector investment  Building trust and common cause between disadvantaged communities www.nihe.gov.uk The Regional Housing Authority

Cross community Asset Sharing www.nihe.gov.uk The Regional Housing Authority

Cross Community Asset Sharing www.nihe.gov.uk The Regional Housing Authority

Challenges Keeping projects going with revenue costs for example, difficult to  keep computer suites sustainable as outreach courses are cut back Fire and safety regulations require a significant up grade of community  houses Making the financial case to transfer housing assets for wider  regeneration ends Skills of groups and officials in developing asset transfer  Housing Executive is an enabler, the hard work is taken forward by the  groups who need support to make projects sustainable www.nihe.gov.uk The Regional Housing Authority

NIHE Contemporary Community Development – Emerging Initiatives  Community Cohesion Strategy – Integrated Regeneration Plans  Tunnels Project, Markets Belfast  Gilpins Project, Sandy Row  Community Development Strategy – SCNI  Local Social Enterprise Projects; small grants programme  Housing- Led Regeneration – Support programme www.nihe.gov.uk The Regional Housing Authority

www.nihe.gov.uk The Regional Housing Authority

www.nihe.gov.uk The Regional Housing Authority

Gilpins Site – Feasibility Study  Steering Group – BCC, NIHE, BRO, South Belfast Partnership, local councillors and community representatives.  Consultation process – Community organisations, traders, women's groups, sports clubs, local bands, Orange lodge etc.  Development of Options – good practice elsewhere, resources, skills and training requirements  Promotion of social enterprise www.nihe.gov.uk The Regional Housing Authority

CAT – Social Enterprise  Policy is wider than the transfer and management of assets  Examples of social economies based on CAT highlighted by the Joseph Rowntree Trust - Small scale run by volunteers - Medium with growth potential - Large scale professional styled social enterprises www.nihe.gov.uk The Regional Housing Authority

NIHE Issues for CAT  Procurement of Services  Public accountability – Disposal regulations  Legislation/EU Regulations ; State Aid  Asset Liabilities  Asset Management www.nihe.gov.uk The Regional Housing Authority

Opportunities / Next steps  Regeneration linked to CAT and promotion of social enterprise  Social enterprise - opportunity to retain finance within deprived neighbourhood  Resources, skills development, employment and learning opportunities  Social enterprises requires the development, management and maintenance of alliances and networks  Produce NIHE CAT policy & support programme www.nihe.gov.uk The Regional Housing Authority