Post on 12-May-2015
Starting to map, forecast and model social impact
www.hact.org.uk
@HACThousing
Quick recap
www.hact.org.uk
@HACThousing
1960
It used to be so easy…
1860 1910
www.hact.org.uk
@HACThousing
2010
It used to be easy…
www.hact.org.uk
@HACThousing
2010
But now…
X X X
www.hact.org.uk
@HACThousing
What are you are trying to achieve? How does it relate to your mission?
• Improvements in individual wellbeing?
• Increased community
stability and resilience?
• Economic growth
• Sustainability?
• Tackling homelessness and overcrowding?
www.hact.org.uk
@HACThousing
Making the case for the housing sector
www.hact.org.uk
@HACThousing
Quality of evidence in sector weak
Public sector, academics moving
to Maryland Evaluation scale. Discounting lowquality evidence.
Not clear thatcompatible with relatively simplisticcurrent approaches to
capturing value in housing sector.
www.hact.org.uk
@HACThousing
No clear framework for exploring these issues
“At least 30 differing approaches to
collecting & demonstrating
social value in housing sector”
Source: Snapshot survey conducted by HACT, Uni of Birmingham in March 2012
www.hact.org.uk
@HACThousing
Critically, little or no evidence around the social value of core business
www.hact.org.uk
@HACThousing
Proving social value going to be increasingly important…
…traditional SROI reporting won’t cut it any more
www.hact.org.uk
@HACThousing
A new model needed
www.hact.org.uk
@HACThousing
A possible way through
Wellbeing valuationNew approaches to assessing value in terms of changes in subjective wellbeing – massive potential for housing
www.hact.org.uk
@HACThousing
HACT research: Establishing the wellbeing impact of housing
Generating methodology and metrics for social value of:
-a home-different tenures-maintenance and home improvement-non-housing community investment
www.hact.org.uk
@HACThousing
New tools?
www.hact.org.uk
@HACThousing
How might it all work?
www.hact.org.uk
@HACThousing
Priorities going forward
- Further refining the metrics
- Building the tool set to use and understand them
- Modeling exchequer impacts, local economic impact alongside