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Paul Hackett Chief Executive, AmicusHorizon KCC Accommodation Strategy 2 July 2014

Paul Hackett Chief Executive, AmicusHorizon KCC Accommodation Strategy 2 July 2014 Extra Care Housing. AmicusHorizon ‘ Making homes, helping people’. Why Extra Care? There’s a need Independent living Costs 50% less than the alternatives 43% increase of >65 year olds by 2026

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Paul Hackett Chief Executive, AmicusHorizon KCC Accommodation Strategy 2 July 2014

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  1. Paul Hackett Chief Executive, AmicusHorizon KCC Accommodation Strategy 2 July 2014 Extra Care Housing

  2. AmicusHorizon ‘Making homes, helping people’

  3. Why Extra Care? • There’s a need • Independent living • Costs 50% less than the alternatives • 43% increase of >65 year olds by 2026 • Half of population >50 by 2020 • 25% increase of people living alone by 2030 • Social integration and quality of life.

  4. Our Extra Care offer • New specialism • Regis Gate the first in Kent • Medway and East Sussex • 109 homes on site, pipeline of >100 • Investment of £36m • Extra Care Project Board • Integrated housing and care • Lifestyle offer – hotel feel.

  5. Regis Gate, Sittingbourne • Hotel lobby • On-site catering • High specification • Space standards • Hair and beauty salon, wellbeing room, assisted spa • Large communal lounge, activity room and guest bedrooms • Scooter stores on each level • Separate offices for housing and care staff • Landscaped gardens with raised planters.

  6. Mixed Tenure • Mixed income • Flexible • Improves viability • Rent • Tripartite lettings panel • Free up large homes • Local people.

  7. Shared Ownership • 80% owner occupiers • 74 – 78 years old • No one seeks to buy care, they buy a ‘lifestyle’ • Selling the new homes is the easy bit… • Affordability • Scheme Manager • Independence, security, bills, maintenance • Inheritance.

  8. Making homes, helping people AmicusHorizon • Challenges to the Extra Care model • Public policy • Affordability • Housing • Subsidy • Expertise in the sector • Traditional build costs.

  9. Off Site Manufacture • Defects • Speed • Safety • Energy • CLG • Pilot

  10. Alexander Court HOPS refurbishment and new build After Before

  11. Investing in older persons’ housing • Since 2011 Older Persons Strategy: • Remodelled or redeveloped10 failing HOPS schemes in Kent • Invested >£25m • Plus new build ‘Extra Care’.

  12. Fallowfield and St George’s Court HOPS refurbishments Before After

  13. Unlocking investment • Department of Health Care & Support Housing Fund 2013-17 • Public land at nil or below market value • Capital subsidies from Local Authorities • Prudential borrowing • Bond market • PFI • Private equity and Institutional investors.

  14. Asks and conclusion • Think differently! • Land and asset reviews – we can help • Pool resources • Share best practice • Partnership working.

  15. For further details contact: Paul Hackett, Chief Executive Tel 0208 726 8635 paul.hackett@amicushorizon.org.uk Neill Tickle, Development Director – Counties (Kent & Sussex) Tel 01795 434470 neill.tickle@amicushorizon.org.uk Eileen Martin, Regional Director - Kent Tel 01795 434463 Eileen.martin@amicushorizon.org.uk

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