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Inventing our future Collective action for a sustainable economy

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Options Appraisals and achieve the decent homes standard. These two factors and the resulting<br />

investment required have to be considered as absolute. Proportions of investment <strong>for</strong> the other<br />

themes have to be set in relation to these.<br />

8.59 The draft RHS was unable to take account of the total amount of regional funding and the<br />

proportion of total investment needed <strong>for</strong> Key Workers and Local Authority Decent Homes as they<br />

were uncertain at the time of writing. Subsequently the RHS has been able to take account of<br />

both stakeholder views and these absolute requirements to arrive at a longer-term view of the<br />

proportions of investment <strong>for</strong> each theme. It has established indicative percentage shares of the<br />

Single Regional Housing Pot, thereby setting the direction of travel. The exact percentages in any<br />

investment cycle will be completed by EERA/RHB within the investment plan to be presented to<br />

Ministers.<br />

Figure 18. Investment themes indicative targeting<br />

* Includes refugees, migrant workers, Gypsies and Travellers<br />

** Subject to review as the Region’s Supporting People Strategy evolves<br />

Regional Housing Strategy <strong>for</strong> the East of England: 2005–2010<br />

Indicative share of Single<br />

Regional Housing Pot<br />

Theme to 2010 (%) from 2010 (%)<br />

Growth 20 25<br />

Local need/homelessness 20 20<br />

Regeneration 10 10<br />

Rural 10 10<br />

Key Workers 14 5<br />

Supported housing 8 15**<br />

Existing stock 15 10<br />

BME* 3 5<br />

Total 100 100<br />

8.60 Targeting and policy within the individual themes are handled in the sections below. They also<br />

provide an indication of the basis <strong>for</strong> target levels of investment. The figures are aspirational, and<br />

will be achieved only if sufficient numbers of appropriate schemes can be developed. The longerterm<br />

figures from 2010 will also be subject to testing and review as experience develops and the<br />

results of further research provide evidence on the Region’s emerging needs and priorities.<br />

69

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