Ben Pattison, Peter Tyler, Peter Wells, Ian Wilson

Year of publication: 2016

This report provides an evidence base to support the work of the national advisory panel on housing-led regeneration. The advisory panel informed the estate regeneration national strategy launched by the Ministry for Housing, Communities and Local Government in December 2016.

It updates the logic chains or 'theory of change' underpinning calculations of benefit to calculate Benefit Cost Ratios (BCRs) for one funding programme (the government’s Affordable Homes Programme). A series of case studies explore how costs and benefits will vary from scheme to scheme. Together these provide a blueprint for how local stakeholders may calculate BCRs in common and consistent ways.

Key findings are:

• Analysis of the Affordable Homes Programme (2011-15) suggests that regeneration still provides considerable economic and societal value relative to the cost.
• At a national level it appears that housing-led regeneration remains an effective use of government resources.
• The case studies demonstrate both the need for regeneration and how schemes can work in the current policy and fiscal climate. The case studies represent partnerships between public sector bodies, Housing Associations and the private sector. These partnerships are able to achieve higher standards of accommodation and deliver a wider range of outcomes than private provision alone.

Content type: Economy

Tags: Report

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