Housing Market Renewal Initiative

The Housing Market Renewal Initiative (HMRI) is a package of policies in the North of England aimed to address housing market failure, which was defined as housing which in local markets was priced below the build cost, such that renovations were uneconomic and the sale of property would not generate sufficient funds to move elsewhere.[1] HMRI is also referred to as Pathfinder. There are nine geographical areas identified in this initiative.

The ambitious plan involves massive investment into these areas of a total of £1.2bn up to 2008.

Each area's scheme was given an individual brand name, i.e. Merseyside's Pathfinder area is also called NewHeartlands [1].

These areas are:

Contents

History

HMRI was started in 2002, from the Office of the Deputy Prime Minister (ODPM), at the time responsible for the Department for Communities and Local Government [2] The Labour Government had adopted as one of its policies the improvement of urban areas that had suffered numerous social problems, originating from decline of traditional industries in the North of England, like the closure of coal mines, ship yards, textile industry. Rapidly rising house prices throughout the United Kingdom between 1995 and 2007 creating a wealth effect had not been replicated in such areas. Instead, such areas experienced, according to an early independent study of Pathfinder, "high vacancy rates, increasing population turnover, low sales values and, in some cases, neighbourhood abandonment and market failure".[2]

The basis was a report by the Centre for Urban and Regional Studies (CURS) at the University of Birmingham [3], which informed lobbying by the National Housing Federation of the Government's 2002 Comprehensive Spending Review.

From the beginning on there was criticism of HMRI, from residents of the affected areas, politicians as well as experts in the field of historic buildings. SAVE Britain's Heritage have published an analysis of the pathfinder scheme that is highly critical of the proposals. Some local residents organisations are opposing the plans for their areas, e.g.

  • Welsh Streets Home Group
  • Granby Residents Association

while other residents groups have supported the policy and participated in its delivery.

The Joseph Rowntree Foundation, a poverty charity, reported at an early stage that (while remaining generally supportive of the scheme), it was necessary for its success that financial, legal and moral commitments made up to a decade in advance should be supported by UK Central Government long-term funding commitments to 2019.[2] As of June 2008, however, Central Government funding had been committed only to March 2011, and Parliamentary concerns were expressed "that demolition sites, rather than newly built houses, will be the Programme’s legacy".[3]

Merseyside (Liverpool, Sefton, Wirral)

The Merseyside Pathfinder area is also known as NewHeartlands. The area was broken up into geographical parts: Dingle, Granby, Arundel, Picton, Abercromby, Smithdown, Kensington, Tuebrook, Everton, Breckfield, Anfield, Vauxhall, Melrose and County.

Granby

The area of Toxteth is located close to the historic Princes Park. The streets include Beaconsfield Street, Cairns Street, Ducie Street, Jermyn Street and Granby Street. These streets are bound to the west by Princes Avenue with large, representative Victorian Houses, to the east by Kingsley Road and to the north by Eversley Street. Other streets in the area have been demolished and rebuilt[when?] and are not included in the renewal area. The local authority also refers to their plans as the '4 streets project', reflecting the fact that 4 streets are covered: Beaconsfield Street, Cairns Street, Jermyn Street and Ducie Street. All these streets cross of lead off Granby Street.

See also

References

  1. ^ Homes and Communities Agency housing market renewal pages, retrieved 21 March 2011 from HCA website.
  2. ^ a b Joseph Rowntree Foundation report on the early development of the housing market renewal programme, retrieved from jrf.org.uk 21 March 2011
  3. ^ Committee of Public Accounts report on Housing Market Renewal: Pathfinders, 9 June 2008

External links


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