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Government Own Equity in Home

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									Affordable Housing Investment Programme

Housing Association Grant to registered social landlords - Housing Association Grant makes up the largest par
of the Affordable Housing Investment Programme. Housing Association Grant is available to Registered Social
Landlords to acquire land or buildings and to build, convert or improve housing for rent or low cost home ownership.


Open Market Shared Equity Pilot - The Open Market Shared Equity Pilot aims to help people on low incomes who
wish to own their home but who cannot afford to pay the full price for a house. It is part of the range of assistance
from the Scottish Government under LIFT, the Low-cost Initiative for First-Time Buyers. Shared equity means that t
Scottish Government will keep a financial stake in the property so the first time buyer does not have to fund all of it.
The buyer pays for the majority share in the property - normally between 60 and 80 per cent of the price - and the
Scottish Government will hold the remaining share under a shared equity agreement. The purchaser owns the
property outright but the interests of the Scottish Government will be secured by a mortgage (or a 'standard security
as it is known in Scotland) on that property. Further information on the scheme can be found at:


http://www.scotland.gov.uk/Publications/2009/03/24120118/0

New Supply Shared Equity Scheme (new build/purchase/rehab for low cost home ownership) - this is part of the
range of assistance from the Scottish Government under LIFT, the Low-cost Initiative for First-Time Buyers. It aims
help people on low incomes who wish to be home owners but whose financial resources are insufficient to meet the
needs because of local housing market prices.
Under the scheme, grants are provided to registered social landlords to enable them to develop or purchase
properties which are sold at a proportion of market value. In return, owners enter into Shared Equity Agreements wi
the Scottish Ministers which are secured by an appropriately ranked standard security. The scheme mainly aims to
help first-time buyers, such as people living in social housing, people in the Armed Forces or veterans, and people
living in private rented housing or with relatives. But it can help other groups of people. For example, it may be able
help people who are looking for a new home after a significant change in their household circumstances, or people
who have a disability and own a house which does not suit their needs. Also, in a small number of locations where
owner occupiers are affected by demolition plans, New Supply Shared Equity could be available to help them buy a
replacement house in the same area.

Rural Home Ownership Grants (RHOGs) - contribute to the costs of acquiring, building or renovating a home for
people in rural areas who could not otherwise afford to buy. The brochure 'Helping you become a home owner in rur
areas' provides further information:
http://www.communitiesscotland.gov.uk/stellent/groups/public/documents/webpages/cs_016499.pdf

GRO grants for owner occupation - These are grants to private developers to build houses for sale. They are use
both to introduce housing for sale in areas with little or no private housing and to help meet local shortages.
Mortgage to Rent scheme - The Mortgage to Rent scheme helps people who are in danger of having their homes
repossessed to stay in their home as tenants of a social landlord. The property is sold to a landlord and then rented
back to the household. The scheme provides subsidies to the landlord to enable a social rent to be charged and for
the property to be brought up to a decent standard of repair.
Special Needs Capital Grant - Special Needs Capital Grant is for private or charitable organisations to provide
housing for people with particular needs. The grant will not exceed 40% of the total capital costs; some exceptions
can, in special circumstances, be made to increase above 40% for voluntary organisations. This small-scale
programme includes support for Ownership Options in Scotland to helping owner-occupier households with disabled
people access suitable housing.
Rural Empty Property Grant - The purpose of the Rural Empty Property Grant (REPG) is to increase the supply of
rented housing in rural areas, by assisting projects that improve or convert eligible empty properties for the provision
of affordable rented units. Generally, rural areas are defined by the Scottish Government as any settlement with a
population of less than 3000.


ADJUSTMENT OF DEVANHA APPROVALS
The Devanha programme is a unique bulk procurement and partnership exercise which is being carried out by Deva
a company limited by guarantee, whose board is made largely from representatives of its member Registered Socia
(RSLs). It involves 6 RSLs, who are: Langstane Housing Association; Grampian Housing Association; Aberdeenshir
Partnership Limited; Tenants First Co-operative Limited; Next Step Homes Limited; and Castlehill Housing Associat
It was set up in March 2007 to run until 2011 in order to produce 1563 affordable houses across Grampian - Aberde
Aberdeenshire and Moray. Aberdeen City was due to receive 670 houses over the duration of the programme, Aber
685, and Moray 208. It is likely however, that the final numbers of houses delivered in each local authority will differ
these figures.

Scottish Government Housing Investment Division, who manage the Affordable Housing Investment Programme ha
previously published these Devanha approvals figures, recording them as approved in 2007-08 in their own tables.
However, because the approvals are part of a longer term development, they have been allocated equally to 2007-0
2008-09 and 2009-10 in these statistical tables, using information from the grant offer made by Scottish Ministers to
Devanha in March 2007 to create the breakdown. This method has been agreed by Housing Investment colleagues


Please note that this is a statistical adjustment to avoid distorting the true picture of the delivery of new social housi
over the term of the development. The actual delivery of housing approvals on an annual basis is likely to vary from
these published figures.



Last update: May 2009
Earliest data available: 2000-01
Latest data available: 2008-09
ng Association Grant makes up the largest part
on Grant is available to Registered Social
 housing for rent or low cost home ownership.


  Pilot aims to help people on low incomes who
a house. It is part of the range of assistance
First-Time Buyers. Shared equity means that the
 first time buyer does not have to fund all of it.
 en 60 and 80 per cent of the price - and the
uity agreement. The purchaser owns the
 ecured by a mortgage (or a 'standard security'
e scheme can be found at:




ow cost home ownership) - this is part of the
w-cost Initiative for First-Time Buyers. It aims to
inancial resources are insufficient to meet their


  o enable them to develop or purchase
wners enter into Shared Equity Agreements with
 tandard security. The scheme mainly aims to
 n the Armed Forces or veterans, and people
groups of people. For example, it may be able to
e in their household circumstances, or people
s. Also, in a small number of locations where
d Equity could be available to help them buy a


f acquiring, building or renovating a home for
hure 'Helping you become a home owner in rural


ents/webpages/cs_016499.pdf

velopers to build houses for sale. They are used
sing and to help meet local shortages.
 ople who are in danger of having their homes
 property is sold to a landlord and then rented
d to enable a social rent to be charged and for
vate or charitable organisations to provide
% of the total capital costs; some exceptions
luntary organisations. This small-scale
 ping owner-occupier households with disabled


erty Grant (REPG) is to increase the supply of
nvert eligible empty properties for the provision
 ottish Government as any settlement with a




hip exercise which is being carried out by Devanha Limited,
 presentatives of its member Registered Social Landlords
 Grampian Housing Association; Aberdeenshire Housing
omes Limited; and Castlehill Housing Association Limited.
  affordable houses across Grampian - Aberdeen City,
 ses over the duration of the programme, Aberdeenshire
uses delivered in each local authority will differ slightly from


Affordable Housing Investment Programme have
m as approved in 2007-08 in their own tables.
 nt, they have been allocated equally to 2007-08,
m the grant offer made by Scottish Ministers to
een agreed by Housing Investment colleagues.


true picture of the delivery of new social housing
rovals on an annual basis is likely to vary from
Affordable Housing Investment Programme: new affordable housing approvals, 2000-01 to 2008-09

Type of AHIP activity                                                                    2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09

New Build
      Housing association new build approvals 1                                            4,609       4,615      3,692     4,621      4,406      5,121   5,556      5,782     5,515
           new build for low cost home ownership                                             182         305         76       358        257        641     744        958       694
           new build for social rent                                                       4,427       4,310      3,616     4,263      4,149      4,480   4,812      4,824     4,821
      Private new build approvals                                                          1,024        129        578       880        458        231          63      56       121

      Total units approved through private and housing association new build               5,633       4,744      4,270     5,501      4,864      5,352   5,619      5,838     5,636

Other AHIP approvals
      Off the shelf purchase approvals                                                            48         72         4         27         26    756     926         641       793
            low cost home ownership                                                           -               6     -         -              16    367     132         137       151
            social rent                                                                           28         41         1         25         10    215     117          68       173
            other 2                                                                               20         25         3          2     -         174     677         436       469

      Rehabilitation approvals                                                               324        421        472       730        518        439     563         428       365
          low cost home ownership                                                             11          7        -           2        -           22      33         -          41
          social rent                                                                        296        399        425       523        463        353     408         362       162
          other                                                                               17         15          47      205          55        64     122           66      162
      Mortgage to rent approvals                                                              -          -          -         -          -          -       -          161       233

      Total units approved through off the shelf purchase and rehabilitation                 372        493        476       757        544       1,195   1,489      1,230     1,391

Total units approved through all AHIP activity                                             6,005       5,237      4,746     6,258      5,408      6,547   7,108      7,068 3   7,027 3
Source: Scottish Government, Housing Investment

General notes:
- Unit approval is counted when a tender submission has been received and approved and a formal grant offer issued to the applicant. The site start usually follows shortly thereafter.
- The total number of approvals and completions presented in these tables will differ slightly from the figures previously published by the Scottish Government Housing
1. differences in data extraction dates
2. changes made to the historical data after the original publication.
3. 1,563 Devanha units for social rent (1188) and low cost home ownership (375) in Aberdeen City, Aberdeenshire and Moray were approved in 2007-08, and figures
previously published by Housing Investment recorded all of these approvals against 2007-08. However, these approvals were part of a long term development and in
these tables have been allocated equally to 2007-08, 2008-09 and 2009-10. This is a statistical adjustment to avoid distorting the true picture of the delivery of new social
housing over the term of the development. Note that the actual delivery of housing approvals on an annual basis is likely to vary from these published figures. This
Devanha development is the only one of its kind in Scotland. For more information please refer to the NOTES page in this spreadsheet.

Numbered footnotes:
1. Housing association new build approvals are consistent with the published housing association starts in the Housing Statistics for Scotland new build web tables.
2. 'Other' includes:
 - the Open Market Shared Equity Pilot (off the shelf purchases only)
 - grants to private developers for owner occupation or rent (GRO grant)
 - rural home ownership grant
 - special needs capital grant
 - improvement & repair
 - rural empty property grant
Affordable Housing Investment Programme: new affordable housing completions, 2000-01 to 2008-09

Type of AHIP activity                                                                     2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09

New Build
                                                       1
      Housing association new build completions                                             3,804      4,197      3,715      3,368      4,024      4,698   3,231   4,097   4,577
           new build for low cost home ownership                                              391        197        211        143        259        170     344     371     680
           new build for social rent                                                        3,413      4,000      3,504      3,225      3,765      4,528   2,887   3,726   3,897
      Private new build completions                                                         1,514      1,282       980        359        728        404     389     110     161

      Total units provided through private and housing association new build                5,318      5,479      4,695      3,727      4,752      5,102   3,620   4,207   4,738

Other AHIP provision
      Off the shelf purchases                                                                     49         64         10         16         16    317     775     913     824
            low cost home ownership                                                                4     -          -          -               6    191     153     225     148
            social rent                                                                           33         40         3          16          9    119      44      34     160
            other 2                                                                               12         24         7      -               1      7     578     654     516

      Rehabilitations                                                                         971       597        514        410        677        469     437     389     426
          low cost home ownership                                                             109        48          9          9          2          6     -         6       5
          social rent                                                                         755       491        476        355        568        370     387     305     372
          other 2                                                                             107        58         29         46        107         93       50     78      49
      Mortgage to rent                                                                        -          -          -          -          -          -       -      161     233

      Total units provided through off the shelf purchase and rehabilitation                1,020       661        524        426        693        786    1,212   1,463   1,483

Total units provided through all AHIP activity                                              6,338      6,140      5,219      4,153      5,445      5,888   4,832   5,670   6,221
Source: Scottish Government, Housing Investment

General notes:
- Unit completion is counted when a practical completion certificate is issued.
- The total number of approvals and completions presented in these tables will differ slightly from the figures previously published by the Scottish Government Housing
1. differences in data extraction dates
2. changes made to the historical data after the original publication.

Numbered footnotes:
1. These figures are consistent with the published housing association completions in the Housing Statistics for Scotland new build web tables.
2. 'Other' includes:
 - the Open Market Shared Equity Pilot (off the shelf purchases only)
 - grants to private developers for owner occupation or rent (GRO grant)
 - rural home ownership grant
 - special needs capital grant
 - improvement & repair
 - rural empty property grant

								
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