Council and democracy
Home > Council and Democracy > Decision details
Decision Maker: Executive Councillor for Housing
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The final funding structure to purchase approximately 104 Affordable Housing units at Clay Farm.
Matter
for Decision:
The report presented
the final scheme submitted for planning approval on the Quad development at
Clay Farm; the cost of the Affordable Housing (AH) and how it could be funded.
The report highlighted
the options available for funding the AH scheme through Homes and Communities
Agency grant, the opportunity to invest capital receipts from the Right to Buy
(RTB) programme and borrowing.
In addition to the
funding of this AH scheme, shared ownership is introduced as a tenure within
the AH to create a mixed and balanced community.
Decision of Executive Councillor for Housing:
The Executive
Councillor resolved:
i. To note the scheme submitted for the planning application.
ii. To note the cost of the AH and approve the total budget for the scheme.
iii. To approve that Shared Ownership will comprise no more than 25% of the AH delivered on the Quad development.
iv.
To approve that delegated authority be given to
the Director of Customer and Community Services following consultation with the
Executive Councillor for Housing, Chair and Spokes to agree the final funding structure for the delivery of the
Affordable Housing on the Quad development, once there is more certainty
regarding anticipated future Right to Buy receipts and the availability of HCA
grant funding to the Council.
Reason for the Decision:
As set out in the Officer’s report.
Any Alternative Options Considered and Rejected:
Not applicable.
Scrutiny Considerations:
The Committee received a report from the Head of Strategic
Housing regarding the Scheme Specific Approval for the Quads (Council Land at
Clay Farm).
The Committee expressed support for the quality of the design of the scheme. The Committee agreed that intermediate housing to be delivered as shared ownership, was an important part of the tenure mix of the scheme.
The Committee resolved unanimously to endorse the
recommendations.
The Executive Councillor approved the recommendation.
Conflicts of interest declared by the Executive Councillor (and any
dispensations granted)
Not applicable.
***See below for record of delegated Officer’s Decision –
additional information published on 5 December 2014***
Decision(s) taken: |
Funding structure agreed and as part of HRA mid-year budget review. |
|||
Decision of: |
Director of Customer and Community Services |
|||
Date of decision: |
16/10/14 – at the Community Services
Scrutiny Committee |
|
|
|
Matter for
Decision: |
Delegated authority given to the Director
of Customer and Community Services following consultation with the Executive
Councillor for Housing, Chair and Spokes to agree the final funding structure
for the delivery of the Affordable Housing on the Quad development, once
there is more certainty regarding anticipated future Right to Buy receipts
and the availability of HCA grant funding to the Council. |
|||
Any alternative options
considered and rejected:
|
No |
|||
|
|
|||
Reason(s)
for the decision including any background papers considered: |
N/A |
|||
|
|
|||
Conflicts of interest and dispensations
granted by the Chief Executive: |
If you consider that
any councillor consulted when being asked to take a decision has a conflict
of interest, you should consult Simon Pugh, Head of Legal Services for advice
as a dispensation granted by the Chief Executive for the councillor may be
arranged. |
|||
Other
Comments: |
|
|||
Reference: |
14/11/CS Scheme Specific Approval - Quads (Council
Land At Clay Farm) |
|||
Contact
for further information: |
|
Publication date: 28/02/2014
Date of decision: 16/01/2014