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Issue - meetings

Consideration of Local Authority Housing Fund Application

 

 

Meeting: 19/04/2023 - Executive (Item 38)

38 Consideration of Local Authority Housing Fund Application pdf icon PDF 147 KB

Purpose:

To confirm the preferred method of delivery of up to sixteen new affordable homes utilising the Local Authority Housing Fund Allocation previously approved by the Executive on 8 February 2023

 

Recommendations

That the Executive resolves to:

a)    Accept the proposal from Cottsway Housing to fulfil the requirements of the Local Authority Housing Fund on behalf of the Council in respect of the delivery of 16 additional affordable homes;

b)    Passport the funding received by the Council to Cottsway Housing underpinned by a funding agreement setting out the relevant grant terms;

c)    Request the Chief Executive to establish a regular strategic forum to allow the Executive Member for Housing to improve the strategic engagement with our largest Registered Social Landlord in the district. Requests officers to update the Executive on a regular basis on progress against delivery of these homes and subsequent use for other housing purposes.

Additional documents:

Minutes:

Councillor Geoff Saul, Executive Member for Housing and Social Welfare, introduced the report, which confirmed the preferred method of delivery, of up to sixteen new affordable homes, utilising the Local Authority Housing Fund Allocation, previously approved by the Executive on 8 February 2023.

 

Councillor Saul proposed that the Executive approve the recommendations in the report, which included confirming the preferred method of affordable housing delivery. This was seconded by Councillor Andy Graham, was put to a vote, and was agreed unanimously by the Executive.

 

Executive Resolved to:

  1. Accept the proposal from Cottsway Housing to fulfil the requirements of the Local Authority Housing Fund on behalf of the Council in respect of the delivery of 16 additional affordable homes;
  2. Passport the funding received by the Council to Cottsway Housing underpinned by a funding agreement setting out the relevant grant terms;
  3. Request the Chief Executive to establish a regular strategic forum to allow the Executive Member for Housing to improve the strategic engagement with our largest Registered Social Landlord in the district. Requests officers to update the Executive on a regular basis on progress against delivery of these homes and subsequent use for other housing purposes.

Meeting: 08/02/2023 - Executive (Item 10)

10 Consideration of Local Authority Housing Fund pdf icon PDF 275 KB

Purposes:

To consider whether to support an application to the Local Authority Housing Fund and sign the associated Memorandum of Understanding.

 

Recommendations:

That the Executive resolves to:

a)    Approve that an application to the Housing Support Fund be made;

b)    Authorise the Chief Executive to sign the Memorandum of Understanding (attached at Annex B);

c)    Agree that further due diligence be conducted to determine the most appropriate delivery mechanism for the Council and a further report be brought back to the Executive to consider this;

d)    Recommend to Council to allocate Capital Funding of £2m to match fund the capital grant payable by Department for Levelling Up, Communities and Local Government in the event of a direct acquisition approach;

e)    Recommend to Council to allocate Section 106 funding to support the business case up to a maximum of £40,000 per unit to gap fund the scheme to deliver affordable rents in the event of a direct acquisition approach.

 

Additional documents:

Minutes:

Councillor Geoff Saul, Executive Member for Housing and Social Welfare, introduced the report, which was to consider whether to support an application to the Local Authority Housing Fund and to sign the associated Memorandum of Understanding.

Councillor Saul gave an overview of the scheme which aims to support local authorities who are facing challenges in providing move on and settled accommodation for Afghan and Ukraine families. The scheme, which Councillor Saul stated was a very positive one, also aimed to relieve pressures on short term accommodation and bridging hotels with a longer term of objective to see the housing being used for more general affordable purposes.

Councillor Saul proposed to agree the recommendations to support an application to the Local Authority Housing Fund and to sign the associated Memorandum of Understanding. This was seconded by Councillor Andy Graham, was voted on and was agreed unanimously by the Executive.

Executive Resolved to:

  1. Approve that an application to the Housing Support Fund be made;
  2. Authorise the Chief Executive to sign the Memorandum of Understanding (attached at Annex B);
  3. Agree that further due diligence be conducted to determine the most appropriate delivery mechanism for the Council and a further report be brought back to the Executive to consider this;
  4. Recommend to Council to allocate Capital Funding of £2m to match fund the capital grant payable by Department for Levelling Up, Communities and Local Government in the event of a direct acquisition approach;
  5. Recommend to Council to allocate Section 106 funding to support the business case up to a maximum of £40,000 per unit to gap fund the scheme to deliver affordable rents in the event of a direct acquisition approach.

 

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