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What is Homelife?
• Provides affordable homes for our
clients, with good transport links and
close to local amenities
• Provides on going training and
employment opportunities for our
clients through TCUK Property
Services, our property refurbishment
social enterprise
• Through rental income it generates
unrestricted funds for the charity
The Process…
• The Homelife Team purchase
properties throughout the North
East that have been empty for a
minimum period of 6 months or
more.
• The properties are refurbished to
Decent Homes Standard by TCUK
Property Services, our property
refurbishment social enterprise.
• The refurbished homes provide
affordable, inviting and permanent
homes to those in need
EHCGP Round 1 £650k 25 Properties (original 20 completed by August 14)
EPCGP Round 2 £825k 30 Properties to be delivered by end of January 2015
HCA Round 3 £500k 25 Properties to be delivered by end of March 2015
HCA Round 4 £990k 45 Properties to be delivered between April 2015–Dec 2016
Changing Lives £3,557m CL Reserves and loan finance
Willan Trust £250k 5 properties purchased (inc in HCA targets)
Hospital Discharge £200k 6 properties (inc in HCA targets)
Nationwide Foundation £167k Contribution to cost of refurb 19 properties (inc in HCA targets)
Ridley Villas £43k Contribution towards refurb of 3 properties for RV tenants
Linden Family Fund £23k Contribution to furnishing costs
Community Foundation £13k Contribution to furnishing costs
Total £7.2m
125 properties owned and tenanted by December 2016 based on average £400 per month rent = approx. £600K unrestricted income per annum
Funding
TCUK Property Services (PS) have been developing, maintaining and refurbishing all
Changing Lives properties for over 5 years so the refurbishment of empty homes is a
natural progression in its development.
Led by a professional team, TCUK PS employs service users as apprentices and offer
clients work placement opportunities via our Employment Team so they gain the necessary
qualifications and experience to progress to a career in the construction industry.
Trainees who require accommodation can apply to live in a Homelife property.
Homelife and TCUK Property Services
Partnership
TCUK Property Services-
Training and Employment
TCUK Property Services offer a tiered system of training and employment:
• Apprenticeships
• 3 Month Placements
• 2 Week Work Placements
• Volunteers
Highlights
• Achieving targets of 80 properties by March 2015
• Excellent reputation with funders
• Unrestricted income
• Tenants feedback
• 96% of tenancies have been a success
• Properties being kept in excellent condition
• Developing robust processes
• Employing and providing homes for ex-clients
• Developed close relationships with local authorities and estate
agents to secure the best properties in an ever increasing
competitive market
• Runner up in “Contribution to the Community Award 2014”
Institute of Housing
• Allowed us to become a registered social landlord, TCUK
Homes
Strategic objectives 2014 to 2017
• A minimum of 125 properties in management by 31 March 2017• Provide affordable homes to rent that are maintained to high
quality standard (Minimum Decent Homes Standard)• Maintain the strong relationship with the HCA as a Registered
Housing Provider and as a partner in the delivery of its Affordable Housing Programme
• Explore existing and new funding streams both locally and nationally to identify opportunities for growth
• Work with partners to develop capacity and capability to deliver new build opportunities
• Explore and pilot Housing First opportunities in collaboration with Changing Lives Operations
Any Questions?
Thank you