To seek approval for a further amount of up to £0.8m to be added to the proposed grant payment it makes towards these 55 dwellings at this scheme, giving a proposed total Council grant payment of up to £5.7m or 40% of the total capital costs for the 55 dwellings, whichever is the lowest amount.
Decision Maker: Deputy City Mayor - Housing, Economy, and Neighbourhoods
Decision published: 25/06/2024
Effective from: 03/07/2024
Decision:
To approve:
(i) the addition of up to £0.8m of unallocated Right to Buy Receipts, on top of the previously approved amount of up to £4.9m, as grant payment to EMH Housing and Regeneration Limited towards their projected total capital costs for the provision of 55 planning gain Affordable Housing dwellings within the proposed 75 unit Supported Living scheme to be built within the new Waterside residential development; subject to EMH Housing and Regeneration Ltd entering into an Affordable Rent Grant Agreement with the Council;
(ii) the addition of a further £0.8m to the Housing capital programme for 2024/25 financed from unallocated Right To Buy Receipts.
Wards affected: Abbey;
Lead officer: Janet Callan
To gain approval to release the budget from the Corporate Estate policy provision to complete works to maintain Corporate Estate premises.
Decision Maker: City Mayor (Individual Decision)
Decision published: 24/06/2024
Effective from: 02/07/2024
Decision:
Approve the policy provision drawdown as recommended in Appendix A – Not for Publication.
Wards affected: Beaumont Leys;
Lead officer: Kathryn Ellis