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Argyll and Bute Council Empty Homes Grant and Loan Fund

Argyll and Bute Council Empty Homes Grant and Loan Fund. Kelly Ferns, Argyll and Bute Council Empty Homes Officer k elly.ferns@argyll-bute.gov.uk. Developing the scheme. There are a range of aspects to consider when implementing empty homes funding Aims and objectives Finance

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Argyll and Bute Council Empty Homes Grant and Loan Fund

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  1. Argyll and Bute CouncilEmpty Homes Grant and Loan Fund Kelly Ferns, Argyll and Bute Council Empty Homes Officer kelly.ferns@argyll-bute.gov.uk

  2. Developing the scheme There are a range of aspects to consider when implementing empty homes funding • Aims and objectives • Finance • Legal implications • Application process and criteria • Corporate approval – all involved parties

  3. Why we introduced empty homes funding • Average total housing stock 46,500 - over 10% of properties are predominately lying empty • Housing Waiting List – over 3,000 households with approx 560 annual social relets • New build annual average target – 110 • Mismatch in supply and demand

  4. Funding empty homes grants and loans • £3m of Local Authority investment • Grants: £1.5m from Strategic Housing Fund • Loans: £1.5m from Council Reserves

  5. Grant and Loan - Terms & Conditions • Owner/s must agree to rent property to Registered Social Landlord or Local Authority for a minimum of 5/10 years • Property must have been purchased prior to April 2012 • Maximum of 6 properties per owner/s • The cost of grant/loan investment needs to be financially viable and provide affordable housing for works to proceed • Properties must meet the Scottish Housing Quality Standards (SHQS), where this is reasonably practical

  6. Grant and Loan – Application Process Maximum grant £20,000 Maximum loan £20,000 Combination of grant/loan = max of £40,000 3 tier application process • Advice and Assistance • Pre-application form • Formal application form

  7. Grant and Loan - Assessment Criteria How we assess applications for funding: • Housing need and demand • Location • Length of time property has been empty • Condition of property • Action by owner

  8. Empty Homes Funding – Top Tips • Agree strategic priorities/outcomes • Local context • Joint working - early communication • Be patient - allow time for preparing documentation • Awareness of powers, duties and procedures • Realistic expectations

  9. Empty Homes – Funding applications

  10. Any Questions?

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