The Social Housing Current Expenditure Programme (SHCEP) budget funds the ongoing current costs of social homes delivered using a variety of different delivery mechanisms. This includes properties built or acquired by Approved Housing Bodies (s) using funding under the Capital Advance Leasing Facility (CALF) and the Housing Agency Acquisitions Fund (HAA), which are then made available under a Payment & Availability Agreement to local authorities. It also includes properties leased on a long term basis from private property owners by s or local authorities; comprising properties secured through specific programs such as the Repair and Leasing Scheme (RLS), the Long Term Leasing Scheme and the Mortgage to Rent Scheme. Dwellings made available under SHCEP are used to accommodate households from local authority waiting lists.
SHCEP delivery streams have a combined targeted delivery of almost 6,500 social homes for 2023. Within that overall SHCEP delivery target of 6,500 homes; there is a leasing target of 2,530 homes, which is broken down by source in Table 1 below.
Table 1: Targeted Delivery for Leasing Schemes in 2023
|
Source
|
Target
|
|
Long Term Leasing
|
1,200
|
|
Short Term Leasing
|
200
|
|
Repair and Leasing
|
130
|
|
Mortgage to Rent
|
1,000
|
|
Total
|
2,530
|
