Capital Funding Guide (July 2005)

The CFG contains the rules and procedures for housing associations which have received or will receive capital grant funding from the Housing Corporation. The guide was last updated in April 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, 183KB)

GENERAL
General points applicable to Social Housing Grant (SHG) funding through the Housing Corporation and local authorities (GENERAL.pdf, 421KB)

REC
Capital Grant Recycling and Recovery (REC.pdf, 357KB)

DPF
Disposal Proceeds Fund money (DPF.pdf, 178KB)

RENT
Permanent rented housing that is new build, rehabilitation and re-improvement (RENT.pdf, 225KB)

REPAIR
Major Repairs and Miscellaneous Works, including adaptations (REPAIR.pdf, 219KB)

TSH
Temporary Social Housing (TSH.pdf, 226KB)

SALE
Shared Ownership, Shared Ownership for the Elderly, Rural Repurchase and rehabilitation for Outright Sale (SALE.pdf, 294KB)

HOMEBUY
Homebuy (HOMEBUY.pdf, 265KB)

VPG
Voluntary Purchase Grant (VPG.pdf, 202KB)

RTA
Right to Acquire (RTA.pdf, 235KB)

CF
Challenge Fund (CF.pdf, 212KB)

PP
Partnering Programme Approach (PP.pdf, 272KB)

KWL
Key worker living programme (KWL.pdf, 517KB)

Revision History

GENERAL
GENERAL-1, section 3 contains an updated version of the Corporation's Funding Conditions, reflecting changes to paragraphs 6 (legal interest in a property), 11 (rent levels) and 15 (targets).

GENERAL-9 paragraph 2.2 has been amended to remove reference to VPG/RTA schemes as these are not part of the Consolidated Report & Auditors Opinion (CRAO). Paragraph 3.1 now includes a list of additional documents required for the Homebuy programme.

HOMEBUY
HOMEBUY-3, paragraph 1.2: the property eligibility list of supporting documents for disposal arrangements for a formerly shared home following relationship breakdown now includes both an order sanctioned by a court and a formal written 'separation agreement'.

HOMEBUY-5 paragraph 4.1 advises that the Homebuy traditional programme is now part of the Compliance Audit programme. This change was originally announced on the Housing Corporation website in August 2004.

RTA
Form RTA1 (June 2005) can now be downloaded from the Corporation's website.

RTA-4, Para 12.2 has now been amended to reflect that it is only purchases prior to 18.1.05 that have a 3 year discount repayment period.

Paragraphs 12.4 to 12.7 have new guidance on use of discretion to waive repayment of discount. Subsequent paragraphs have been renumbered.

KWL

August 2005: Eligibility criteria in respect of the Police updated.

There is clarification to explain that, when someone accesses keyworker housing and subsequently retires, clawback rules apply unless the retirement date is at least five years after the purchase date. Changes to reflect this appear in KWL-2 paragraph 4.2, in the sample legal charge at paragraph 10.2, in the explanation of terms of the KWL loan agreement at paragraph 10.3, in KWL-3 section 4, in the lease agreements in sections 12-13 and in KWL-4 paragraph 4.2.

The basic criteria for Local Authority Planners has been clarified, the revision at Annex B now applies.

Priority should not be given to NHS Dentists over other NHS staff, the HEALTH section of Annex B has been annotated accordingly.

The Health Protection Agency has been added as an eligible HEALTH employer at Annex B.