The organisation seeks financial support from the government towards the cost of achieving net zero carbon. This includes submitting bids to the various waves of the Social Housing Decarbonisation Fund (SHDF) in England or to the Optimised Retrofit Programme in Wales, either in its own right or as part of a consortium with other social landlords. It has all the necessary data and approvals to make these bids, ensuring that these are high quality to maximise the funding allocated.
The organisation is careful to ensure that the funding available supports the organisation’s strategy rather than driving it. Bids take account of the risks of undertaking these programmes during a period of high inflation, with the organisation is also prepared to hand back these funds if changes in expected costs mean that the planned works are no longer viable.
Organisations bidding for Wave 3 of the SHDF have taken into account the following changes to the scheme compared with the previous Waves: