Vistry Group: Affordable Housing
The question
To ask the Secretary of State for Housing, Communities and Local Government, if he will list the (a) Key Performance Indicators and (b) social value requirements for Vistry Group’s contracts under the Affordable Housing Programmes.
Answered by Matthew Pennycook
Grant agreements with strategic partners under the Affordable Homes Programme (AHP) are tracked by Homes England against delivery plans that incorporate particular milestones such as acquisitions, starts, and completions.
All delivery is required to be compliant with the terms of the grant agreement and capital funding guide and completed homes are checked for value for money in line with the agreed grant allocation parameters. The capital funding guide can be found on gov.uk here and example Homes England grant agreements for the 2021-26 AHP can be accessed here.
Delivery is also checked against the Programme's wider strategic objectives, including the use of Modern Methods of Construction, use of SME contractors, and improvement of the energy efficiency and sustainability of new affordable housing.
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