Magazine article Public Finance

Pathfinders Lost Their Way, Claims Commission

Magazine article Public Finance

Pathfinders Lost Their Way, Claims Commission

Article excerpt

Pathfinder programmes set up to boost demand for housing in the North and Midlands have struggled Lo spend money on worthwhile projects, says the Audit Commission.

According to inspectors, it is difficult to assess whether the first nine housing market renewal pathfinders provide value for money because of the nonprescriptive way they were launched two years ago.

Under pressure to spend money as quickly as possible, pathfinders were unclear over the extent to which their work differed from previous regeneration schemes.

'Some projects may not have achieved the best possible impact from market renewal funding,' the commission states in Housing market renewal, published on February 17.

'Lack of clear ground rules, while providing an opportunity for innovation, also makes it more difficult to gauge performance. …

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