Issue - decisions

INCREASING THE SUPPLY OF AFFORDABLE HOUSING - FUNDING TOWARDS PROPOSED SUPPORTED LIVING SCHEME AT WATERSIDE

28/09/2022 - INCREASING THE SUPPLY OF AFFORDABLE HOUSING - FUNDING TOWARDS PROPOSED SUPPORTED LIVING SCHEME AT WATERSIDE

Approve

 

i)              the use of up to £4.9m of unallocated Right to Buy Receipts as grant payment to East Midlands Housing 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 East Midlands Housing entering into an Affordable Rent Grant Agreement with the Council.

 

ii)             the addition of £4.9m to the Housing capital programme for 2024/25 financed from unallocated Right To Buy Receipts.