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• Housing Private Finance Initiative: bidding guidance for Round 6

Housing

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Summary

The Comprehensive Spending Review 2007 allocated up to £1.87 billion of new Private Finance Initiative (PFI) credits for local authorities to regenerate neighbourhoods and increase the supply of affordable rented housing. This guidance tells local authorities how to apply for these credits, with initial Expressions of Interest due to be submitted by 31 October 2008.

Local authorities wishing to submit Expressions of Interest for Round 6 will need to complete version 1.8 of the Financial Model to calculate a maximum value of PFI credit as support for the scheme. It also provides an assessment of the affordability of the project from their perspective. The Model and supporting guidance, as well as the necessary data, benchmarking and standard affordability presentation sheets, are available from the Housing PFI Team. These will be supplemented by additional operational cost and sensitivity sheets at a later stage.

Please contact Phil Grant on 020 7944 3605 (email: philip.grant@communities.gsi.gov.uk) for details.  

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• Housing Private Finance Initiative: bidding guidance for Round 6
  PDF, 249 kb , 40 pages
• Housing Private Finance Initiative: bidding guidance for Round 6 - Letter to local authorities (21 July 2008)
  PDF, 47 kb , 2 pages

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