VALUING SOCIAL HOUSING

Transcription

1 VALUING SOCIAL HOUSING NSW Land and Husing Crpratin Queensland Department f Husing & Public Wrks Western Australian Husing Authrity Curtin University Griffith University Prject Partner: Natinal Affrdable Husing Cnsrtium Prject Leader Judy A. Kraatz j.kraatz@griffith.edu.au

2 The Team Cre Partners: Western Australian Husing Authrity Sarah Mewett & Vernica Pannell Queensland Department f Husing and Public Wrks Heidi Rberts NSW Land and Husing Crpratin Kathy Ril, Kim Shmuel & Jessica Dminguez Griffith University - Judy Kraatz Curtin University - Giles Thmsn & Peter Newman Prject Partner: Natinal Affrdable Husing Cnsrtium Mike Myers Prject Affiliates: Judy Yates - Prject Steering Grup Independent Chairpersn Access Husing - Lyn Brun Brisbane Husing Cmpany Rxy Httn Cmmn Grund Brisbane - Snia Keep KPMG - Tina Davey Lgan City - Andre Brits 2

3 Rethinking Scial Husing Aug 14 - Sept 15 Valuing Scial Husing March 16 - March 17 Develping the Strategic Evaluatin Framewrk Dmains Develp Framewrk Strategy Develp Framewrk Elements Cmmunity Educatin Emplyment Financial Health Husing Scial Urban Well-being Applicable t future innvative delivery mdels Cnsider timescale, lcatin and granularity Develp prductivity-based cnceptual framewrk identifying benefits t: tenant; macr-ecnmic; fiscal and nn-ecnmic, i.e. envirn-mental & scial. Establish Elements: 9 Dmains, ver 50 utcmes & ver 160 indicatrs Assciatins & Causal links Return n investment Data Reprting: Industry & Research reprts YuTube vide Cnference papers & presentatins Establish methdlgies fr: Assciatins and / r causality Ecnmic & scial return n investment identified Cmpsite Return n Investment (CROI) methdlgy develped Identify data needs, surces and availability Reprting: Industry & Research reprts YuTube vide Bk chapter & cnference papers &presentatins

4 Prductivity-based cnceptual framewrk* * Develped in Prject 1.31 Rethinking Scial Husing 4

5 INVESTMENT IN SOCIAL HOUSING BY PERSON - COHORT - LOCATION 4 Elements f the Strategic Evaluatin Framewrk Outcmes & indicatrs Attributin Return n Investment Data Frm review f literature & stakehlder engagement in Prject 1.31 Establish assciatins frm the literature r via expert panel Identify elements f a layered apprach t return n investment Identify data surces, issues and pprtunities OUTPUTS Outcme & indicatr matrix (nw Dmain Tables) Dmain Tables references & causal nets apprach frm literature & stakehlder engagement Dmain Tables values & Cmpsite Return n Investment apprach Dmain Tables links & issues (accessibility, timeliness & granularity & pprtunities (linked data) paper ACROSS NINE DOMAINS : cmmunity ecnmy educatin emplyment envirnment health & husing scial Urban well-being amenity

6 The 4 Elements - in detail SUITE OF OUTCOMES & INDICATORS Fr example: OUTCOME Increased wrkfrce participatin INDICATOR mve frm unemplyment t emplyment ATTRIBUTION Is there a link between having safe and secure husing and selected utcme/indicatr? e.g. increased wrkfrce participatin? What is the % cntributin? Identify frm literature and expert panel if required. COMPOSITE VALUE OF RETURN ON INVESTMENT equals SOCIAL RETURN ON INVESTMENT Scial return t rganisatin e.g. t Cmmnwealth, state, lcal, tenant plus WELL-BEING VALUATION Average persn imprvement in well-being plus VALUE TO THE INDIVIDUAL Impact n individual plus VALUE OF EQUITY DATA Scale, nature and depth f impact QUANTITATIVE What relevant aggregated and linked data sets available? Organisatinal, state based, natinal? Granularity, currency, accessibility? QUALITATIVE Narratives frm interviews and surveys PRODUCIVITY GAINS Tenant e.g. Increased engagement Macr-ecnmic e.g. Increased prductivity thrugh increased wrkfrce engagement Fiscal e.g. Increased taxes & decreased scial security payments Nn-ecnmic e.g. increased scial capital thrugh greater engagement 6

7 Element 1 - Dmains, Outcmes & Indicatrs Develped in Prject 1.31 Rethinking Scial Husing Cmmunity (31 indicatrs) Rights & empwerment Equitable pprtunities Cmmunity cnnectedness Scial capital and chesin Culturally rich Strng neighburhd Perceptins f disrder Educatin (20 indicatrs) Increased participatin Enhanced perfrmance Access Urban Amenity (21 indicatrs) Place-making Neighburhd resurces Scialising Area regeneratin Access t cmmunity activities Cultural heritage & identity Urban design Envirnment (19 indicatrs) Reduced resurce cnsumptin Reduced resurce waste Bldg & site design apprpriates & quality Quality f life +ve impact n envirnment Apprpriate density Emplyment (5 indicatrs) Increased participatin Mbility Husing (30 indicatrs) Imprved access Ability t maintain tenancy Apprpriate targeting & prvisin Effective prvisin Higher levels f inclusin Imprved amenity Effective asset management Adequate insurance Scial (17 indicatrs) Imprved scial wellbeing Reduced antiscial activity Reduced drug & alchl dependence Imprved family relatinships Health & Wellbeing (8 indicatrs) Imprved physical & mental health Reduced service demand Imprved access t services Active & healthy living Imprved prductivity Imprved access t healthy living Ecnmy (33 indicatrs) Prperty values ROI Business Agility Ecnmic stimulatin Industry & persnal prductivity Lng term savings Financial flexibility Reduced financial stress Husing affrdability & Availability Balanced supply and demand Reinvestment in husing & services Drawn frm: AIHW 2011; Randlph and Judd 2001; Bridge, Flatau et al. 2003; Judd and Randlph 2006; Bridge, Flatau et al. 2007; Milligan, Phibbs et al. 2007; Mnk and Whitehead 2010; Ravi and Reinhardt 2011; Bröchner and Olfssn 2012; Wd and Cigdem 2012; Fujiwara 2013; Fujiwara 2014; Trtter and Vine 2014; Pawsn, Milligan et al. 2014; Carbni 2014, GRI 2014; Green Star; Steering Cmmittee 2013; and thers.

8 Element 2 Identifying & illustrating assciatins An example Causal Web - NSW Human Services Outcmes Framewrk: Applicatin t scial husing* * Chilvers, M., J. Stewart, V. Rse and J. Miller (2016). NSW Human Services Outcmes Framewrk: applicatin t scial husing: Shared Outcmes Wrkshp. Sydney, Australia, NSW Families and Cmmunity Services. 8

9 Element 3 - Data Cmprehensive summary f relevant data surces identified and prvided in Attachment A Dmain Tables f the Final Research Reprt Data and Scial Husing virtual rundtable held - identified key issues and pprtunities Linked data pprtunities imprtant allws fr the lngitudinal analysis f individuals t articulate the impact f husing - with data analysis lking at utcmes befre husing, utcmes in husing, and utcmes after husing used by Telethn Kids Institute in WA - NSW Data Analytics Centre - The Australian University Researcher Infrastructure Netwrk (AURIN) - Data visualisatin examples prvided 9

10 Element 4 - Cmpsite Return n Investment (CROI) SUB-ELEMENT 1 Scial Return On Investment Input - $s invested int scial husing prvisin as a prgram Output - measure f brader benefits accrued t sciety as rati f utcme t input r aggregated $ value Return n investment t investr - thrugh establishing thery f change; fr identifying indicatrs; financial prxies; $ values; apply sensitivity analysis; and aggregating Key prductivity fcus macr-ecnmic & fiscal SUB-ELEMENT 2 Well-being valuatin Input - $s invested int scial husing delivery Output - Head-line well-being values f brader benefits x number f peple impacted = scial benefit Imprvement in well-being - life satisfactin - values derived frm natinal databases fr peple that resemble thse in which investment is made Key prductivity fcus - macr-ecnmic & fiscal SUB-ELEMENT 3 Value t the individual Input - $s invested int prvisin f scial husing fr an individual Output - accunting fr value in the individual cntext Impact n Individual - Hw a persn s life changed as a result f scial husing (type, scale and depth f impact) - determined thrugh narratives Key prductivity fcus - individual and nn-ecnmic SUB-ELEMENT 4 Value f equity Input - $s invested int prvisin f scial husing fr a sciety Output - value t sciety f equitable distributin f resurces Impact n sciety - a given ttal f wellbeing is mre valuable the mre evenly it is distributed Key prductivity fcus - scial capital

11 Using the Strategic Evaluatin Framewrk Knwledge system living & practical Practice what wrks in what lcatins and fr what chrts expert panels (incl. tenant assciatins & lcal gvernment authrities) Attributin expert panels & literature Evidence & infrmatin available data Research frm the literature best practice examples Strng relevant evidence Strategic evaluatin Strategic Evaluatin Framewrk t build evidence base fr state by state budget review submissins Key utcmes & indicatrs acrss asset and service agencies Attributin linking utcmes t key indicatrs Cmpsite Return n Investment bth qualitative and quantitative state by state mdelling Data readily accessible and linked natinal, state and territry data sets Evidence infrmed plicy recmmendatins Levers fr change Natinal scial and affrdable husing peak bdy with reps frm each state and territry supprted by state & territry based crss agency wrking grups acrss asset and services agencies t leverage imprvement Build natinal agenda thrugh the Cuncil f Australian Gvernments Innvative financing and delivery mdels in cnjunctin with institutinal investrs and nt-frprfit prviders Implement & mnitr utcmes t plicy change ver time & feedback int knwledge system ADAPTED frm THE SCOTTISH GOVERNMENT Gd Places, Better Health: A new apprach t envirnment and health in Sctland - Implementatin Plan. 11

12 The Strategic Evaluatin Framewrk Flwchart See als in ur Final Reprts 12

13 Thank-yu Valuing Scial Husing reprts and YuTube vide available at: Rethinking Scial Husing reprts and YuTube vide available at: 13