Transcript The local economic impact of South Wales housing

The local economic
impact of a South
Wales housing
association
Steve Curry
Valleys to Coast Housing
community regeneration in action
In the beginning…
V2C established 2003 following
successful tenant ballot
Community Regeneration in Action
Local labour clause
community regeneration in action
Results
Positives
• 75% target –
90%+ achieved
Negatives
• Difficult to measure
impact on
individuals,
community
• More £ in local
people’s pockets?
• Community
benefit clause
• Difficult to manage
with communities
and contractors
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
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
community regeneration in action
TR&T
Local
Jobs
Targeted
Relevant
Recruitment
Training
community regeneration in action
Targeted
• V2C Tenants/Bridgend residents
• ‘Neets’
• Local colleges & providers
community regeneration in action
Recruitment
• Jobs for all skills levels
• Genuine labour market need
• Lasting at least 6 months
community regeneration in action
Training
• Relevant
• Locally run, where possible
• Accredited
community regeneration in action
Targeting – areas of
deprivation
IMD – Wales
1896 Ranked
11
38
55
81
185
186
LSOA’s
Caerau 1 (Caerau Park, Tudor)
Caerau 2 (Blaencaerau)
Cornelly 4 (Marlas)
Bettws (bottom site)
Morfa 2 (Wildmill)
Sarn 1
Bridgend – six areas in the top 200 in Wales
community regeneration in action
Mapping deprivation
community regeneration in action
TR&T – trainee post codes
community regeneration in action
Our Achievements
Contract Numbers to Q3 – December 2010
Contracted
Working Weeks
/Opportunities
1,446
No.
Targeted
Individuals
100
Into Jobs,
further
training or
education
57
Still to be
confirmed
26
community regeneration in action
Exited
programme
without
outcome OR
unknown
17
Arbed – March 2011
• £2.5M grant
• TR&T grant condition = 156 wks
• V2C Target 156 x £5M = 780 wks
• Achieved > 1,260 wks
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
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
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
community regeneration in action
community regeneration in action
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
Social & financial return on investment: we all win
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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
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??
community regeneration in action
Thank you
community regeneration in action