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1.1 Purpose
1.1.1 This version of the Capital Funding Guide supersedes all previous, paper-based editions. It must be used for all schemes using allocations of Social Housing Grant on or after 1st April 2008. For advice on how to access previous versions of the Guide
1.2 Status of Guidance
1.2.1 The powers of the Homes and Communities Agency in relation to payment and recovery of SHG are set out in Determinations: (Follow asterisk for further information)
1. For the payment of SHG it’s : Social Housing Grant (Capital) General Determination 2003
2. For Purchase Grant (for RTA and SHB), Grant is paid under s21 of the Housing Act 1996
3. Recovery of Grant is covered by The Recovery Of Capital Grants And Recycled Capital Grant Fund General Determination 2006, see Recovery 1.2.1
1.3 Scope and Format
1.3.1 The Guide is now organised into a number of Books, each with Chapters:
GENERAL
- Introduction - General points applicable to Social Housing Grant (SHG) & Purchase Grant (PG) funding through the Homes and Communities Agency;
- Procurement & Scheme Issues
- Programme Management
- Finance
- Management Arrangements
- Glossary
HOUSING FOR RENT
- Rent- permanent rented housing which is new build, rehabilitation, and re-improvement;
- Repair - Major repairs and Minor Miscellaneous Works, including adaptations;
- TSH - Temporary Social Housing;
- RtHB - Rent to Homebuy;
- IMR - Intermediate Market Rent
HOUSING FOR SALE
- New Build HomeBuy - shared ownership, shared ownership for the elderly, rural repurchase, and rehabilitation for outright sale;
- Open Market HomeBuy
- Social HomeBuy
- RTA - Right To Acquire;
- VPG - Voluntary Purchase Grant;
GRANT RECOVERY & DISPOSAL PROCEEDS
- Grant Recovery, Repayment & Recycling - including Recycled Capital Grant Fund;
- Disposal Proceeds including the Disposal Proceeds Fund;
KEYWORKER LIVING PROGRAMME
- KWL - Key Worker Living
1.3.3 The Capital Funding Guide does not duplicate Agency requirements relating to the Bidding process, or TSA Regulatory requirements. Users should consult the 2008-11 Prospectus and the TSA website respectively for information on these requirements.
1.3.4 Please note that where this guide refers to the Corporation’s Publications Department, contact should be made by email to mail@homesandcommunities.co.uk
1.3.5 In many instances throughout this guide it requires RSLs to contact their Regional Investment Team for further guidance or approval on investment matters. Unless specified otherwise RSLs should initially contact their local Investment Officer.
For all other queries please contact the switchboard on 0300 1234 500