Decision details
Housing Tenancy Conversions – Update and 2017/18 Conversions
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To note the progress of year 1 tenancy
conversions. To approve the rent charges applicable to Temporary
Accommodation from April 2017. To agree year 2 tenancy
conversions.
Decision:
RESOLVED:
i. Cabinet noted the £40 per week rent reduction for Temporary Accommodation units which are included in the PFI contract from April 2017.
ii. Cabinet approved the variable rent increases for Discounted Market Rent units which are included in the PFI contract from April 2017.
iii. Cabinet noted the current position with regard to the first tranche of tenancy conversions, to be completed by March 2017.
iv. Cabinet agreed during 2017/18 to convert up to 122 units of Temporary Accommodation which are included in the PFI contract to alternative tenures, of which at least 72 properties shall be let as Affordable Rent equivalent units and the balance shall be Discounted Market Rent units, as set out in the report
v. Cabinet delegated authority to the Strategic Director Community Wellbeing, in consultation with the Chief Finance Officer and the Chief Legal Officer, to issue to Brent Coefficient Limited a schedule setting out the units to be allocated as Affordable Rent/Discounted Market Rent units in accordance with the PFI contract.
Wards Affected: Barnhill; Brondesbury Park; Kenton; Stonebridge; Wembley Central; Willesden Green;
Contact: Chris Trowell, Housing Partnerships Service Email: chris.trowell@brent.gov.uk Tel: 020 8937 4527.
Report author: Chris Trowell
Publication date: 17/01/2017
Date of decision: 16/01/2017
Decided at meeting: 16/01/2017 - Cabinet
Accompanying Documents:
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