Inventing our future Collective action for a sustainable economy

8 Recommendations for public investment
Background to investment
8.1 As indicated elsewhere, most investment to fulfil the objectives of the RHS will need to come from
private individuals and organisations. The purpose of public funding is to address needs which cannot
– or can only partially – be met through private investment.
8.2 There are several sources of public funding for housing in the East of England, some provided on a
mandatory basis and/or distributed formulaically. This chapter addresses those which are distributed
on a discretionary basis, and for which strategic guidance is therefore of significant value. One
important role for discretionary funding is to complement mandatory uses. The intention is to ensure
that public investment is used to maximum effect to achieve the objectives of the RHS.
8.3 The following diagram shows how the funding flows from central Government to deliver new
affordable housing and improve the existing stock in both the public and private sectors.
Figure 13. Illustration of the flow of housing capital allocations
Regional
Housing
Delivery Group
The flow of Housing Capital Allocations to the East of England
New Affordable Housing
Housing Corporation
RSLs
Schemes
HM Treasury
ODPM
EERA/Regional
Housing Board
Decent
Homes
Regional Housing Strategy for the East of England: 2005–2010
Improving Existing Stock
Local Authorities
Private
Sector
Renewal
This diagram shows the flow of housing capital allocations,
funded by Central Government, which the Regional Housing
Board has responsibility for.
Key Regional
Strategies, e.g.
RHS
RES
RSS
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