The local economic impact of a South Wales housing association
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Transcript of The local economic impact of a South Wales housing association
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community regeneration in action
The local economic impact of a South
Wales housing association
Steve CurryValleys to Coast Housing
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community regeneration in action
In the beginning… V2C established 2003 following successful tenant ballot
Community Regeneration in Action
Local labour clause
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community regeneration in action
Results Positives
• 75% target – 90%+ achieved
• More £ in local people’s pockets?
• Community benefit clause
Negatives
• Difficult to measure impact on individuals, community
• Difficult to manage with communities and contractors
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community regeneration in action
Can-Do Toolkit• i2i guide launched Sept 2008
supported by WG
• Focus on TR&T in construction contracts
• I2i SME-friendly toolkit - 2010
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community regeneration in action
How do V2C use TR&T?• Core contract requirement • % of contracted ‘working weeks’
dedicated to local jobs and training
- Refurbishment- 52 weeks- New Build - 78 weeks- Arbed – 156 weeks
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community regeneration in action
TR&T
RecruitmentTrainingTargeted
Local Jobs
Relevant
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community regeneration in action
Targeted• V2C Tenants/Bridgend residents
• ‘Neets’
• Local colleges & providers
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community regeneration in action
Recruitment• Jobs for all skills levels
• Genuine labour market need
• Lasting at least 6 months
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community regeneration in action
Training• Relevant
• Locally run, where possible
• Accredited
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community regeneration in action
Targeting – areas of deprivation
IMD – Wales
1896 Ranked LSOA’s
11 Caerau 1 (Caerau Park, Tudor)38 Caerau 2 (Blaencaerau)55 Cornelly 4 (Marlas) 81 Bettws (bottom site) 185 Morfa 2 (Wildmill)186 Sarn 1
Bridgend – six areas in the top 200 in Wales
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community regeneration in action
Mapping deprivation
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community regeneration in action
TR&T – trainee post codes
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community regeneration in action
Our Achievements
Contract Numbers to Q3 – December 2010
Contracted Working Weeks /Opportunities
No. Targeted Individuals
Into Jobs, further training or education
Still to be confirmed
Exited programme without outcome OR unknown
1,446 100 57 26 17
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community regeneration in action
Arbed – March 2011• £2.5M grant
• TR&T grant condition = 156 wks
• V2C Target 156 x £5M = 780 wks
• Achieved > 1,260 wks
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community regeneration in action
Development of TR&T• Include social and community
benefits in all V2C procurement
• Community Initiatives
• SME – Can Do Toolkit 2
• Measure S&C benefit outcomes
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community regeneration in action
nef – analysing LM3 (Arbed)• Looked at V2C local multiplier ...LM2• from Arbed energy performance work
• 84% spend within 25 miles of Bridgend
• Local economic multiplier £2.21/£1 invested
• + TR&T 66% training = Bridgend people
• Some materials/equipment not available in Wales
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community regeneration in action
Grounds Maintenance contract• FEI project (with BTCV) target to develop a social
enterprise
• Delivering service on two large estates
• Re-tendering this year with SME-friendly workshops, relaxed financial, H&S req’s?
• Community consultation + TR&T req’s
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community regeneration in action
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community regeneration in action
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community regeneration in action
Outcomes• RBA approach (WG)• TR&T outcomes = longer term tracking• LM3 good measure of local impact• Tracking SME’s/social enterprises?• Financial inclusion work:
– income maximisation - Welsh Water rates collection - Moneyline Look at LSOA l/t trends to finesse approach...not
to claim credit
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community regeneration in action
• Money : retained (in households & communities)• Families & tenancies : stabilised• Children : nurtured• Social capital : developed• Physical & mental health : lifted• Over indebtedness : decreased• Saving : encouraged• Anxiety : reduced• Standard of living : increased• Quality of life : enhanced
MoneylineSocial & financial return on investment: we all win
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community regeneration in action
An ‘outcomes’ culture Focus on wider & longer-term impacts
Use of tools (e.g. LM3, SROI) to measure
Is the same ‘outcomes’ culture change happening with procurement??
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community regeneration in action
Thank you