Agenda item - Housing Supply Report: Update on potential acquisition

1)             Cabinet agrees to the Council making a formal offer to purchase 21 homes at Vaughan Williams Way and Nicholson Place, Rottingdean for a sum to be negotiated up to the maximum set out in the Part 2 paper and agrees the budget required as outlined in the Part 2 paper to support this purchase.

2)             Cabinet delegates authority to the Acting Corporate Director – Housing, Care and Wellbeing (Housing Lead) in consultation with the Cabinet Member for Housing & New Homes to take the steps necessary to agree and complete: (a) the purchase of 6 houses 15 flats on the terms set out in the Part 2 paper and (b) any other relevant ancillary legal and financial documents necessary to deliver the project and to give effect to recommendations 2.1 and 2.2.

31.1      Cabinet received a report that presented an off plan purchase opportunity for the Council to acquire 21 homes in Nicolson Place and Vaughan Williams Way, Rottingdean.  These form part of the former St Aubyns School, High Street, Rottingdean site and comprise the rented element of the affordable homes provided at this scheme. The opportunity enables the Council to meet a range of housing need by purchasing homes within a new build development that provide a mix of general needs accommodation including wheelchair accessible housing.

31.2      Councillors Taylor, Goddard, Nann, Sankey and Robins contributed to the debate of the report.

31.3      Resolved-

1)             Cabinet agrees to the Council making a formal offer to purchase 21 homes at Vaughan Williams Way and Nicholson Place, Rottingdean for a sum to be negotiated up to the maximum set out in the Part 2 paper and agrees the budget required as outlined in the Part 2 paper to support this purchase.

2)             Cabinet delegates authority to the Acting Corporate Director – Housing, Care and Wellbeing (Housing Lead) in consultation with the Cabinet Member for Housing & New Homes to take the steps necessary to agree and complete: (a) the purchase of 6 houses 15 flats on the terms set out in the Part 2 paper and (b) any other relevant ancillary legal and financial documents necessary to deliver the project and to give effect to recommendations 2.1 and 2.2.