Issue - decisions
Affordable Housing Supply update 2023
12/12/2023 - Affordable Housing Supply update 2023
Cabinet RESOLVED:
(1) To agree to award the Main works contract to Wates for the delivery of Church End including 99 homes and a new market square for the value set out in Recommendation 1 of Appendix 1 of the report (which contained exempt information).
(2) To note the challenges set out regarding the delivery of Morland Gardens in paragraph 5.3 – 5.10 of the report and agree for officers to develop an alternative site strategy for future consideration by Cabinet.
(4) To note the updated programme budget for the New Council Homes Programme of £495.5m and approve the use of usable Capital reserves to fund this.
(5) To agree to wave the delegated authority limits to enable the Corporate Director of Resident Services in consultation with the Corporate Director of Finance and Resources to agree the terms of the lease and thereafter enter into and complete on a 5-year leasing arrangement with the developer for the new build scheme at Manor Park Road, Harlesden NW10 4JJ for use as emergency and settled temporary accommodation, as set out in Section 6 of the report and where necessary make any further amendments as and when required.
(6) To approve an acquisitions budget of £52.7m to address the acute housing and temporary accommodation needs and challenges. This is in addition to any acquisitions already approved by Cabinet.
(7) To agree for a new delegation to the Corporate Director of Resident Services in consultation with the Corporate Director of Finance and Resources, to acquire 133 homes from the open market (including both freehold and leasehold acquisitions) such delegation to include negotiating and approving the terms of any freehold or leasehold acquisitions and thereafter entering into the relevant transactional documents to address the acute housing and temporary accommodation needs in line with approach set out in Section 11 and Appendix 1 (containing exempt information) of the report, which is in addition to those acquisitions already approved by Cabinet.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 18 December 23