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Regular Update on the Development and Delivery of New Council Homes

10/03/2023 - Regular Update on the Development and Delivery of New Council Homes

Matter for Decision

This report provides an update on the housing development programme.

 

Decision of Executive Councillor for Housing

      i.         Noted the continued progress on the delivery of the approved housing programme.

 

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 the Housing Development Agency.

 

The Head of the Housing Development Agency said the following in response to Members’ questions:

      i.         Reports for housing redevelopment schemes usually contained an external grant funding option and an option funded without grant funding for viability. Currently grant is from Homes England or Right to Buy receipts. Neither of these funding sources would fund replacement dwellings (i.e.: development had to be for new housing).

    ii.         ERDF stood for European Regional Development Fund.

   iii.         ERDF funding had been sought for the development of housing at St Thomas and Paget Road unfortunately due to criteria the scheme was ineligible for the funding. The cost for delivering the development as a net zero carbon development was however still built into the budget.

 

The Committee unanimously resolved to endorse the recommendation.

 

The Executive Councillor approved the recommendation.

 

Conflicts of Interest Declared by the Executive Councillor (and any Dispensations Granted)

No conflicts of interest were declared by the Executive Councillor.