Issue - meetings

Meeting: 07/12/2021 - Cabinet (Item 34)

34 Development of Social Housing on Warwick Close, Kirkby in Ashfield pdf icon PDF 360 KB

Key Decision

 

Portfolio Holder

Councillor Tom Hollis – Deputy Leader and Portfolio Holder for Council and Social Housing

Additional documents:

Decision:

RESOLVED

that subject to planning consent and Homes England funding:

 

a)    the use of the land to redevelop housing for affordable rent, be approved;

 

b)    the use of both Housing Revenue Account reserves and, if appropriate, commuted capital sums to fund the construction of new affordable homes, be approved;

 

c)    the use of Right to Buy receipts (after further appraisal) if no Homes England grant is made available to make the scheme viable, be approved;

 

d)    delegated authority be granted to the Director of Housing and Assets, in conjunction with the Corporate Finance Manager (and Section 151 Officer), to negotiate and formalise final scheme costs, specification and delivery.

d)

 

Minutes:

Cabinet was presented with a proposal to develop affordable housing on Warwick Close, Kirkby in Ashfield.

 

Members considered the alternative options of doing nothing with the land or selling it to a developer, but these were not recommended as the land was suitable for the Council to develop.

 

RESOLVED

that subject to planning consent and Homes England funding:

 

a)    the use of the land to redevelop housing for affordable rent, be approved;

 

b)    the use of both Housing Revenue Account reserves and, if appropriate, commuted capital sums to fund the construction of new affordable homes, be approved;

 

c)    the use of Right to Buy receipts (after further appraisal) if no Homes England grant is made available to make the scheme viable, be approved;

 

d)    delegated authority be granted to the Director of Housing and Assets, in conjunction with the Corporate Finance Manager (and Section 151 Officer), to negotiate and formalise final scheme costs, specification and delivery.

 

Reason:

The development helps to achieve the Council’s Corporate Plan objective of delivering additional good quality affordable housing in the District and also regenerates a brownfield site (HRA land) that is suitable for housing.