Overview

The Housing and Regeneration Act 2008 established the Homes and Communities Agency (HCA) to improve housing supply and quality, regenerate land and infrastructure, support community development, and promote sustainable development in England. It also reformed the regulation of social housing in England, abolishing existing bodies like the Urban Regeneration Agency and the Commission for the New Towns.

Description

The Act's main components include:

Homes and Communities Agency (HCA)

Established the HCA as a body corporate with broad powers to improve housing and regenerate communities. This included powers to acquire, manage, and dispose of land and provide financial assistance.

Social Housing Regulation

Replaced the "registered social landlords" system with a new regulatory framework for social housing providers in England. This included establishing the Regulator of Social Housing (the Office for Tenants and Social Landlords) with significant powers to set standards, monitor providers, and enforce compliance. A register of social housing providers was created.

Other Provisions

Covered various other housing-related matters, such as sustainability certificates for new homes, tenant empowerment measures, and amendments to existing housing legislation.

Government Spending

The Act initially capped HCA borrowing at £2,300 million, with the potential for an increase to £3,000 million through a secondary order. The act also allowed for government financial assistance to the HCA in the form of grants and loans. The overall impact on government spending was significant, reflecting the scale of the housing and regeneration programmes undertaken.

Groups Affected

• Homes and Communities Agency (HCA): Given broad powers to manage housing and regeneration projects.
• Regulator of Social Housing: Given significant regulatory and enforcement powers over social housing providers in England.
• Social Housing Providers: Subject to new regulatory standards and enforcement measures.
• Local Authorities: Their roles in housing and planning were modified, with some functions transferred to the HCA.
• Tenants: Granted enhanced rights and protections, particularly concerning disposals of their properties.
• Developers and Builders: Affected by new sustainability certificate requirements.
• Urban Regeneration Agency and Commission for New Towns: Abolished.

Powered by nyModel