Decision details

Next phase of Strategic Housing and Regeneration Programme (SHARP) schemes

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Decision Maker: Community and Enterprise Overview & Scrutiny Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To seek support to progress the next stages of the Council's Strategic Housing and Regeneration Programme (SHARP)

Decision:

(a) That the Committee support the development of 92 new social and affordable homes at Llys Dewi, Penyffordd; Nant y Gro, Gronant and the Former Council Depot, Dobshill;

(b) That the use of prudential borrowing to the value of £9.823m (subject to final approval and verification) to fund the proposed development of the new Council homes be supported;

(c) That the Committee support and recommend the use of affordable housing grant of £1.903m and shared equity reserves, shared ownership receipts and commuted sums of £1.722m in total to contribute to scheme costs; and

(d) That proposals to develop 17 affordable properties by NEW Homes (subject to NEW Homes Board approval) be noted.

Report author: Melville Evans

Publication date: 25/05/2018

Date of decision: 14/03/2018

Decided at meeting: 14/03/2018 - Community and Enterprise Overview & Scrutiny Committee

Accompanying Documents: