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…

V2C established 2003 following successful tenant ballot

Community Regeneration in Action

Local labour clause


Results

Results

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

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?

  • Core contract requirement

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

    • Refurbishment- 52 weeks

    • New Build - 78 weeks

    • Arbed – 156 weeks


The local economic impact of a south wales housing association

TR&T

Relevant

Local

Jobs


Targeted

Targeted

V2C Tenants/Bridgend residents

‘Neets’

Local colleges & providers


Recruitment

Recruitment

Jobs for all skills levels

Genuine labour market need

Lasting at least 6 months


Training

Training

Relevant

Locally run, where possible

Accredited


Targeting areas of deprivation

Targeting – areas of deprivation

IMD – Wales

1896Ranked LSOA’s

11Caerau 1 (Caerau Park, Tudor)

38 Caerau 2 (Blaencaerau)

55 Cornelly 4 (Marlas)

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

186Sarn 1

Bridgend – six areas in the top 200 in Wales


Mapping deprivation

Mapping deprivation


Tr t trainee post codes

TR&T – trainee post codes


Our achievements

Our Achievements


Arbed march 2011

Arbed – March 2011

£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

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 – 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

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

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

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

  • Focus on wider & longer-term impacts

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

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


The local economic impact of a south wales housing association

Thank you


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