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Arrangements for Disposal of Council Land and Payment for Social Housing to the Cambridge Investment Partnership

Approval for the favoured land disposal route from the Council to CIP, and the approach for the payment by the HRA to CIP for socially rented housing.

Decision type: Key

Reason Key: Aquisition or disposal of land or interest in land over £600,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 23/08/2017

Decision due: 9 Oct 2017 by Executive Councillor for Strategy and Transformation

Lead member: Executive Councillor for Strategy and Transformation

Department: Housing Services

Contact: Email: liz.bisset@cambridge.gov.uk.

Additional Information: This is a key item and will automatically appear on the agenda

Background Information: In January 2017 the Council entered into an investment partnership to deliver an affordable housing programme and the development of general fund sites with a 50:50 profit share. The Council needs to agree an approach to land transfer and a methodology for payment for socially rented housing following external legal advice on these matters.

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