Housing Association and CLT partnership - Hastoe Kevin Harnett

24
HACT CONFERENCE JANUARY 2015 housing association and CLT partnerships Kevin Hartnett Business Development Director Hastoe Housing

Transcript of Housing Association and CLT partnership - Hastoe Kevin Harnett

HACT CONFERENCE

JANUARY 2015housing association and CLT partnerships

Kevin Hartnett

Business Development Director

Hastoe Housing

Today

1. Quick introduction to Hastoe

2. Hastoe’s work with CLTs to date

3. Our experience

4. Conclusion

Hastoe vision

Sustainable homes and

sustainable communitiesInnovation

Rural

communities

Environmental

sustainability

Operating Area

4

Mursley

West Dean

Brancaster

Langley

Passiv Haus: Ditchingham

Straw Bales

Hastoe’s normal community led process

• Parish council asks for assistance

• Hastoe arranges housing needs assessment

• Hastoe + PC + planners walkabout to identify site

• Hastoe prepares initial design for preferred site

• Hastoe contacts landowner

• Iterative process of community engagement and consultations,

re-design, landowner negotiations

• Planning application and construction

• Scheme opening

• So....CLTs are natural partners for us

CLT partners to date

• Symene CLT - West Dorset

• Marshwood CLT – West Dorset

• Upper Culme CLT – Mid Devon

• Upton Pyne CLT – East Devon

• Queen Camel CLT – South Somerset

• Cambs CLTs – Soham and more

What does an RP bring?

• Development expertise

• Management experience

• Quality and value for money

construction

• High design standards

• Access to funding – private and HCA

• Community led ethos

What’s in it for me?

• Core business

• Builds programme

• Community engagement

• High quality

• Real partnership

• Our ethos and our business

Some options

• Development agent – short term

interest, no management, funding

issues for CLT

• Hastoe freehold – goes against

principles

• Joint ownership – scheme size

• Joint management – size again

Framework• Legal interest in land

• 125 year lease (grant conditions and

borrowing)

• Break clause issues

• Freehold with CLT

• Option agreement with Hastoe

• CLT’s homes, not Hastoe’s

Some lessons• Early stages – establish credibility and trust

....motives

• Listen – both ways

• Design process

• Management options

• Sales and lettings

• Learn to let go

• CLT members the focus locally

Some practicals• Legal partnership agreements

• Longer lead in time

• More consultation time on design and detail

• Funded by the LA, the HCA and others

• Market sale homes

• Rent levels

• Most CLT projects are stand alone, high

quality and require higher levels of grant

subsidy

Questions and challenges

• Future of capital grant

• Market sale

• Mortgage finance

• Welfare Reform

• Rural fuel poverty

• Forming CLT and developing a

scheme are different things

Upper Culm (Hemyock) CLT

Conclusion

• Time commitment but...

definitely worth it!

• Long term relationships and

• High quality homes