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Enhanced Long Term Social Housing Leasing Scheme
From Department of Housing, Local Government and Heritage
Published on
Last updated on
From Department of Housing, Local Government and Heritage
Published on
Last updated on
The Enhanced Long Term Social Housing Leasing Scheme provides the opportunity for Local Authorities to lease from institutional developers and investors in a manner that delivers social housing at scale and achieves the best outcome for all parties.
The main features of the lease are:
In order for submissions to be assessed under the scheme, proposers must –
While the Enhanced Leasing Scheme is still open for applications, it is due to be phased out by 2026 in line with leasing in general, under the Housing for All plan. Any applications under the Enhanced Leasing Scheme from 1st January 2022 will need to be supported by Housing for All delivery targets which have been allocated to Local Authorities.
The full details and terms of the scheme are set out in the Call for Proposals document.
All proposals will be assessed by the Housing Agency, in conjunction with the relevant Local Authority, in order to establish whether the site is suitable for social housing, whether the specific proposal meets the housing need in the area and whether the proposed rents are in line with open market rents. Where there is a dispute over the relevant open market rent, proposals can be referred to an independent valuer for determination. The full details of the scheme and marking criteria, including financial and funding pre-requisites, are set out in the Call for Proposals document.