Background
On 17 January 2007, Ruth Kelly announced proposals to bring together the investment functions of the Housing Corporation, English Partnerships and parts of the Department for Communities and Local Government to form a new unified housing and regeneration agency. It would also incorporate the functions of the Academy for Sustainable Communities and the government's advisory team for large applications.
In the following months, Professor Martin Cave, Director of the Centre for Management under Regulation at University of Warwick, led the most comprehensive review of English housing regulation for 30 years. Reporting in June, the Cave Review recommended that a new regulator be set up, separating the regulation and investment responsibilities of the Housing Corporation.
On 15 October 2007, Yvette Cooper announced that the Government accepted the recommendation of the Cave Review to transfer the Corporation's regulatory powers to an independent body, subsequently named as the Tenant Services Authority (TSA). The new investment body was initially announced as "Communities England", and later renamed as the Homes and Communities Agency.
Read more about this topic: Homes And Communities Agency
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