Capital Funding Guide (April 2005)
The CFG contains the rules and procedures for housing associations who have been granted and received capital grant funding from the Housing Corporation. The guide was last updated in January 2005, previous versions are available in the Corporation's website library.
Sections of the Guide
INDEX
Index to the contents of the Capital Funding Guide (INDEX.pdf, 187KB)
GENERAL
General points applicable to Social Housing Grant (SHG) funding through the Housing Corporation and local authorities (GENERAL.pdf, 447KB)
REC
Capital Grant Recycling and Recovery (REC.pdf, 365KB)
DPF
Disposal Proceeds Fund money (DPF.pdf, 181KB)
RENT
Permanent rented housing that is new build, rehabilitation and re-improvement (RENT.pdf, 230KB)
REPAIR
Major Repairs and Miscellaneous Works, including adaptations (REPAIR.pdf, 224KB)
TSH
Temporary Social Housing (TSH.pdf, 230KB)
SALE
Shared Ownership, Shared Ownership for the Elderly, Rural Repurchase and rehabilitation for Outright Sale (SALE.pdf, 300KB)
HOMEBUY
Homebuy (HOMEBUY.pdf, 263KB)
VPG
Voluntary Purchase Grant (VPG.pdf, 206KB)
RTA
Right to Acquire (RTA.pdf, 230KB)
CF
Challenge Fund (CF.pdf, 216KB)
PP
Partnering Programme Approach (PP.pdf, 286KB)
KP
Key worker living programme (KWL.pdf, 528KB)
HOMEBUY
Further guidance and examples are now provided at Homebuy-6 para 2 when RSLs need to seek valuations for the purposes of redeeming Homebuy equity loans.
A driving licence has been added to the list of documents that an applicant can provide as proof of identity, as detailed in the 'Guidance Notes for Solicitors/Legal Representatives included at Homebuy-7.
RTA
RTA-1, para 2.1 now advises that the RTA forms will be revised to reflect the changes to the scheme resulting from the Housing Act 2004 and will be available shortly. These are not Statutory forms and meanwhile RSLs can produce their own, providing they meet the scheme's legal requirements.
RTA-3, new para 1.4 advises that where the RTA was lost due to collective enfranchisement, Section 202 of The Housing Act introduces provision for the Right to be preserved.
RTA-4, para 12.9, the model repayment of discount clause and accompanying notes have been further revised. Para 12.8 now advises RSLs that if they use the model repayment clause they will need to satisfy themselves that it is adequate for their purposes.
Additions to the Approved Lenders List include:
- Blemain Finance Limited;
- Cheshire Mortgage Corporation;
- London Scottish Finance;
- Money Partners Limited;
- Money Partners finance Limited.
VPG
Additions to the Approved Lenders list are the same as that for RTA above.
VPG-4, para 8.1, the repayment of discount clause and accompanying notes have been further revised, and now advises RSLs that when using the repayment clause they will need to satisfy themselves that it is adequate for their purposes.
PP
The Self-Assessment Procedural Compliance Checklist has been revised and RSLs should read PP-4 in association with the revised Appendix 4.
KWL
With effect from 1st October 2005 dental practices offering a service for the NHS will be required to do so under a contract. Where a contract exists the NHS will award such practices with NHS Body Status and they will then come within the remit of KWL.
NHS Diagnostic microbiologists and rehabilitation engineers are now eligible client groups.
The length of service criteria for Kent Police Officers is now amended from completion of one years training to 32 weeks of training/service
