Delivering new homes in

Manchester

Steve Sheen

Housing Strategy and Partnerships Manager

Manchester City Council

GM Population growth

Slide 2Delivering new homes in Manchester

Manchester - The fastest growing City

Slide 3

380,000

400,000

420,000

440,000

460,000

480,000

500,000

520,000

540,000

560,000

580,000

19

81

19

82

19

83

19

84

19

85

19

86

19

87

19

88

19

89

19

90

19

91

19

92

19

93

19

94

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

20

15

20

16

20

17

20

18

Man

ches

ter

Po

pu

lati

on

Delivering new homes in Manchester

Housing delivery up year on year

Slide 4Delivering new homes in Manchester

Residential Growth Strategy 2015 - 2025

• Originally to guide the delivery of 25,000 new homes over the next decade and attract investment

• Improve the quality of place and provide the necessary infrastructure

• Increased residential growth target to 32,000 new homes up to March 2025

• Commitment to providing 20% affordable homes – 6,400

Slide 5Delivering new homes in Manchester

Northern Gateway

• 15,000 new homes over next 15 – 20 years

• Far Eastern Consortium (FEC) Limited investment and delivery partner in JV

• Strategic Regeneration Framework (SRF) approved in February 2019

• Material consideration in Planning and will guide the transformation of the neighbourhoods within it

• Commitment to provide 20% affordable housing

Slide 6Delivering new homes in Manchester

Partnerships

• Manchester Life- Delivering circa 1500 homes for rent and sale

- Leading the way in PRS delivery and lifestyle

• Matrix Homes- Phase 1 complete – 240 homes

- Phase 2 being procured – 340 new homes

• Manchester Housing Providers Partnership- Key Registered Provider partners

- Development partners for the Manchester Affordable Homes Programme

Slide 7Delivering new homes in Manchester

Housing Affordability – a different

approach

• Definition of affordable housing is often confusing and misinterpreted

• More about ‘products’ than real affordability i.e Affordable Rent

• Needed a greater correlation between household income and cost of housing

• Opportunity to design our approach to support our economic ambitions

Slide 8Delivering new homes in Manchester

Housing Affordability so far• Redefined Housing Affordability 2016

• A £300 million Affordable Homes Programme that will deliver 3,000 homes by 2021

• Housing Affordability Fund set up to support delivery through section106 contributions

• £2 Million to turn empty houses into First Time Buyer homes

• The first Rent to Purchase Scheme on site

• Housing Affordability Zones announced

Slide 9Delivering new homes in Manchester

Housing Affordability Zones

• 4 areas across the city

• Significant MCC Land interest

• Use of CPO powers for additional land supply

• Lead RP partners

• Up to 2000 new homes over the next 5 years

• New and Innovative products

Slide 10Delivering new homes in Manchester

Have we learned anything?• Housing growth is challenging

but there are opportunities for

new forms of delivery

• We may have to create new

markets and neighbourhoods

• Invest our land and assets to

support growth ambitions

• The best ideas are often the

simplest

Slide 11Delivering new homes in Manchester

Thanks for listening

Slide 12Delivering new homes in Manchester