One Public Estate expands to help almost three quarters of councils to deliver 44,000 jobs and 25,000 homes through property.
The Cabinet Office and Local Government Association have announced that a further 79 councils will join the One Public Estate (OPE) programme, bringing the total number of councils participating in OPE to 255 – almost three quarters of all councils in England.
£3.6 million has been allocated to councils across new and existing partnerships on the programme.
The latest funding round means that by 2019 to 20 the partnerships on OPE expect to:
- create 44,000 jobs
- release land for 25,000 homes
- raise £415 million in capital receipts from land and property sales
- cut running costs by £98 million
The funding will support public sector partnerships to work collaboratively on land and property initiatives, generating new jobs and homes, creating more joined up public services to local communities, and delivering savings for the taxpayer.
OPE remains firmly on track to achieve the ambition of 95% of councils on the programme by 2018, with 72% of councils across England now delivering through OPE.
Ben Gummer, Minister for the Cabinet Office and Paymaster General, said:
“One Public Estate is not just about creating savings and collecting land receipts, it also enables the delivery of houses and jobs.
Through this groundbreaking programme, local councils can transform services, unlock significant local growth and crucial efficiency savings through smarter use of property and land.”