29.01.13 - HAPPI2 - Housing our Ageing Population

Having been a supporter of the HAPPI (Housing our Ageing Population: Panel for Innovation) report and the messages that it was implying after much research, Priory Asset Management LLP ("PAM") is excited at the release of the All Party Parliamentary Groups ("APPG") HAPPI2 inquiry on Housing and Care for Older People: Plan for Implementation. 

It is a well reported and documented fact that the demographics of the UK are changing with a greater proportion of older people than ever before. The original HAPPI report in 2009 outlined a number of key factors which would help the development of more suitable accommodation for our ageing population, which brings with it many benefits including homes which are more efficient, suitable for living in until a later age, promote community feeling with the implementation of high quality communal facilities and importantly, helping our ageing population to maintain their independence longer. All these benefits help to promote a healthier life and also potentially reduce the burden on social and medical care and the government's purse.

In late 2012 the HAPPI2 inquiry report was released which outlines the plan for implementation of the conclusions drawn in the original report. However, HAPPI2 recognises that the global economic marketplace has not improved and potentially will not do so for some time and this has resulted in some new considerations when implementing the findings from the original report. Interesting points that it raises include the need for Local Authorities to be sensitive to their use of CIL's and Section 106 agreements so as to promote the development of HAPPI style projects, the making available a tranche of funds to assist with the development of HAPPI style properties which has been initiated with the new Care and Support Specialist Housing fund and property developers/housing associations to use their entrepreneurial and marketing skills to promote the benefits of this type of housing. The HAPPI2 inquiry has also identified other factors which need to be considered to assist with the implementation of the principles identified. Full details are available within the HAPPI2 (click here) report. Link Source: Housing Lin.

Priory Asset Management LLP is a forward thinking property development company which seeks out opportunities to supply new, environmentally minded and socially acceptable Extra Care, Respite/Dementia Homes as well as modern business units. The style and aesthetics of these facilities will dramatically enhance the localities where they are built. 

Any press enquiries should be forwarded to Priory Asset Management LLP on 01983 297 075 or enquiries@prioryasset.com