Homes England outlines benefits of housing-led regen

Homes England has published a new report that underlines the positive impact that housing-led regeneration can have on a community.

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Its Measuring Social Value report concluded that on average, housing-led regeneration projects are “likely to have a positive wider placemaking impact on the surrounding area, which can be assessed through net house price effects”.

Furthermore, the report sets out guidance on how to monetise placemaking or ‘wider area’ impacts based on estimating the existing housing stock and capital value within the surrounding area of a scheme.

Earlier this year, the government announced a review into the role of Homes England, focusing on the agency’s efficacy, efficiency, governance and accountability.

Partnerships Bulletin recently published an article looking into the role that PPPs can play in tackling the UK's chronic housing shortage. To read that, click here.