Issue - items at meetings - New Homes for Neighbourhoods - Final Scheme approval - Wellsbourne Site

Report of the Acting Executive Director for Environment, Development & Housing together with an extract from the proceedings of the meeting of the Housing & New Homes Committee held on 2 February 2016 (copies attached).

That the Committee be recommended to:

1)    Approve that the land at Wellsbourne is appropriated to the HRA for a capital receipt of £360,000 for planning purposes and the development of new housing.

2)    Approve a budget of £7.077m for the Wellsbourne scheme in the HRA Capital Programme which will be financed through a mixture of HRA borrowing and retained right-to-buy capital receipts.

154.1    The Committee considered a report of the Acting Executive Director for Environment, Development & Housing in relation to New Homes for Neighbourhoods – Final Scheme Approval – Wellsbourne Whitehawk, Brighton. The report sought permission for the financing of the scheme at Wellsbourne Whitehawk. The Committee also noted that the report had been considered by the Housing & New Homes Committee on 2 March 2016 and the proceedings on that meeting were set out in the attached extract. The Chair welcomed the report and the site within his Ward being brought back into use; he added that it was important the Council invest in new properties that would last.

154.2    Councillor Meadows highlighted that the units would be purpose built and fully wheelchair accessible.

154.3    The Chair then put the recommendations to the vote.

154.4    RESOLVED - That the Committee be recommended to:

1)        Approve that the land at Wellsbourne is appropriated to the HRA for a capital receipt of £360,000 for planning purposes and the development of new housing.

2)        Approve a budget of £7.077m for the Wellsbourne scheme in the HRA Capital Programme which will be financed through a mixture of HRA borrowing and retained right-to-buy capital receipts.