Reduce text sizeIncrease text sizeDefault coloursImproved contrastHigh contrastThe Department’s 2010 Spending Review Settlement provides funding for all Housing PFI projects under contract and in procurement but no funding for pipeline projects.
The Department will continue to support Housing PFI projects in procurement, subject to rigorous demonstration of value for money. We currently expect this assessment and decisions on individual projects to be made in December.
Projects in procurement will also be subject to normal PFI approval processes and requirements.
Housing PFI projects in procurement are:
| Local Authority | Project |
|---|---|
| Derby City Council | Social Rented Housing |
| Kent County Council | Excellent Homes for All |
| Kirklees Metropolitan Borough Council | Excellent Homes for Life |
| Lambeth London Borough Council | Myatts Field North |
| Leeds City Council | Little London |
| Leeds City Council | Beeston Hill & Holbeck |
| Manchester City Council | Brunswick Estate |
| North Tyneside Metropolitan Borough Council | Older People Homes for the Future |
| Oldham Metropolitan Borough Council | Gateways to Oldham |
| Salford City Council | Pendleton Estate |
| Stoke-on-Trent City Council | Extra-Care Housing |
| Wiltshire County Council | Social Rented Housing |
| Woking Borough Council | Priority Homes |
Housing PFI pipeline projects i.e. those projects where the OBC has not yet been approved by the Department and HM-Treasury’s PRG, do not have funding provision and therefore cannot continue to receive Departmental funding support.
Pipeline Housing PFI projects are:
| Local Authority | Project |
|---|---|
| Birmingham City Council | Lyndhurst Estate |
| Cheshire East Council and Cheshire West and Chester Council | Extra-Care Housing |
| Camden London Borough Council | Gospel Oak Regeneration |
| Cornwall County Council | Extra-Care and General Needs |
| Hull City Council | Orchard Park Estate |
| Leeds City Council | Lifetime Neighbourhoods |
| Manchester City Council | Collyhurst Estate |
| Northampton Borough Council | Eastfields and Thorplands |
| Nottingham City Council | Meadows Estate |
| Portsmouth City Council | Somerstown Estate |
| Shropshire County Council | Extra-Care Housing |
| Southwark London Borough Council | Aylesbury Estate |
| Stoke-on-Trent City Council | Suburban Estate |
The HCA will work with local authorities to consider future options. Consideration will be given in particular over the course of the SR10 period to possible means and prospects to support local authority-led estate regeneration schemes including through non-PFI mechanisms. However we do not wish to raise any expectation of alternative funding at this time given the Department’s tight SR10 capital and resource funding settlement.
Authorities with pipeline projects are asked to be aware that the Department may be able to consider their Outline Business Cases in the event of any further resources being made available in the latter part of the Spending Review period or a bid being made for PFI funding in the following Spending Review.
However, whether it is worth local authorities continuing to invest in developing their plans for possible future PFI or non-PFI funding routes will be a decision for each authority to consider and take at its own risk.
The HCA will be in direct contact and liaise with local authorities that have Housing PFI projects in procurement or pipeline projects.
