Newsroom

BPF responds to HCA restructure

The Homes and Communities Agency (HCA) yesterday announced changes to its senior structure marking the first stage in plans to reshape and streamline the organisation.

Michael Chambers, Associate Director at the British Property Federation, said: " The transformation of the HCA into a slimmed down enabling body is very much as expected.   

"However, with the scrapping of RDAs and pressures on local authority budgets it is important that the HCA retains a capability to provide the specialist help and advice needed in major regeneration projects.    

"The regeneration model of the last fifteen years, driven by readily available development finance from banks and others, underpinned by rapidly increasing if unsustainable property values, has gone.

"With development in much of the country at a standstill, there is a need to kick start a new regeneration agenda. The HCA should be at the heart of that process."

Read the HCA Press Release