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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.