The local economic impact of a south wales housing association
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The local economic impact of a South Wales housing association . Steve Curry Valleys to Coast Housing . In the beginning… . V2C established 2003 following successful tenant ballot Community Regeneration in Action Local labour clause. Results . Positives. Negatives.

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The local economic impact of a south wales housing association

The local economic impact of a South Wales housing association

Steve Curry

Valleys to Coast Housing


In the beginning
In the beginning… association

V2C established 2003 following successful tenant ballot

Community Regeneration in Action

Local labour clause


Results
Results association

Positives

Negatives

Difficult to measure impact on individuals, community

Difficult to manage with communities and contractors

  • 75% target – 90%+ achieved

  • More £ in local people’s pockets?

  • Community benefit clause


Can do toolkit
Can-Do Toolkit association

i2i guide launched Sept 2008 supported by WG

Focus on TR&T in construction contracts

I2i SME-friendly toolkit - 2010


How do v2c use tr t
How do V2C use TR&T? association

  • Core contract requirement

  • % of contracted ‘working weeks’ dedicated to local jobs and training

    • Refurbishment- 52 weeks

    • New Build - 78 weeks

    • Arbed – 156 weeks


TR&T association

Relevant

Local

Jobs


Targeted
Targeted association

V2C Tenants/Bridgend residents

‘Neets’

Local colleges & providers


Recruitment
Recruitment association

Jobs for all skills levels

Genuine labour market need

Lasting at least 6 months


Training
Training association

Relevant

Locally run, where possible

Accredited


Targeting areas of deprivation
Targeting – areas of deprivation association

IMD – Wales

1896Ranked LSOA’s

11 Caerau 1 (Caerau Park, Tudor)

38 Caerau 2 (Blaencaerau)

55 Cornelly 4 (Marlas)

81 Bettws (bottom site) 185 Morfa 2 (Wildmill)

186 Sarn 1

Bridgend – six areas in the top 200 in Wales


Mapping deprivation
Mapping deprivation association



Our achievements
Our Achievements association


Arbed march 2011
Arbed – March 2011 association

£2.5M grant

TR&T grant condition = 156 wks

V2C Target 156 x £5M = 780 wks

Achieved > 1,260 wks


Development of tr t
Development of TR&T association

Include social and community benefits in all V2C procurement

Community Initiatives

SME – Can Do Toolkit 2

Measure S&C benefit outcomes


Nef analysing lm3 arbed
nef association – analysing LM3 (Arbed)

Looked at V2C local multiplier ...LM2

from Arbed energy performance work

84% spend within 25 miles of Bridgend

Local economic multiplier £2.21/£1 invested

+ TR&T 66% training = Bridgend people

Some materials/equipment not available in Wales


Grounds maintenance contract
Grounds Maintenance contract association

FEI project (with BTCV) target to develop a social enterprise

Delivering service on two large estates

Re-tendering this year with SME-friendly workshops, relaxed financial, H&S req’s?

Community consultation + TR&T req’s


Outcomes
Outcomes association

RBA approach (WG)

TR&T outcomes = longer term tracking

LM3 good measure of local impact

Tracking SME’s/social enterprises?

Financial inclusion work:

– income maximisation

- Welsh Water rates collection

- Moneyline

Look at LSOA l/t trends to finesse approach...not to claim credit


Moneyline
Moneyline association

Social & financial return on investment: we all win

Money : retained (in households & communities)

Families & tenancies : stabilised

Children : nurtured

Social capital : developed

Physical & mental health : lifted

Over indebtedness : decreased

Saving : encouraged

Anxiety : reduced

Standard of living : increased

Quality of life : enhanced


An outcomes culture
An ‘outcomes’ culture association

  • Focus on wider & longer-term impacts

  • Use of tools (e.g. LM3, SROI) to measure

    Is the same ‘outcomes’ culture change happening with procurement??


Thank you association


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