Issue - decisions
Next phase of Strategic Housing and Regeneration Programme (SHARP) schemes
25/05/2018 - Next phase of Strategic Housing and Regeneration Programme (SHARP) schemes
(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.