Issue - items at meetings - Homes for Brighton & Hove - Revised Business Plan

RESOLVED:

2.1      Recommends to Policy & Resources Committee that it agrees the revised business plan in the Part 2 report and that it delegates authority to the Executive Director Housing, Neighbourhoods and Communities to take all steps necessary to enable and facilitate the implementation of the revised Business Plan including providing reserved matters approval pursuant to the Agreement.

That Policy & Resources Committee:

2.2      Agrees to the revised business plan in the Part 2 report and delegates authority to the Executive Director Housing, Neighbourhoods and Communities to take all steps necessary to enable and facilitate the implementation of the revised Business Plan including providing reserved matters approval pursuant to the Members Agreement.

13.1    The Head of Regeneration introduced the report to the committee.

Answers to Committee Member Questions

13.2    Councillor Meadows was informed by the chair that the business plan was for completing homes in 2022/23 and the shared ownership units would be sold first to repay loans. The process is on track with the model working towards new homes programme at Portslade and Coldean. The Head of Regeneration confirmed that they would share the financial information with the councillor and the 100% affordable homes would be sold back to the council. The Principal Accountant confirmed that the pre payments were for off plan construction, with legal agreements in place, and loans handed over earlier than anticipated. The councillor did not consider the finances to be clear. It was confirmed that the affordable housing would be sold off plan. The councillor requested a financial briefing, which was agreed by the Head of Regeneration. The councillor stated they could not support till the briefing had taken place.

13.3    Councillor Williams noted that all three political parties were represented on the Housing Supply Board and Councillor Meadows was welcome to the join the meetings.

Vote

13.4    A vote was taken and by 7 to 2, the committee agreed the recommendations. (Councillor Clare has left the meeting and took no part in the decision making process or the vote).

13.5    RESOLVED: That the Housing committee:

2.1      Recommends to Policy & Resources Committee that it agrees the revised business plan in the Part 2 report and that it delegates authority to the Executive Director Housing, Neighbourhoods and Communities to take all steps necessary to enable and facilitate the implementation of the revised Business Plan including providing reserved matters approval pursuant to the Agreement.

That Policy & Resources Committee:

2.2      Agrees to the revised business plan in the Part 2 report and delegates authority to the Executive Director Housing, Neighbourhoods and Communities to take all steps necessary to enable and facilitate the implementation of the revised Business Plan including providing reserved matters approval pursuant to the Members Agreement.