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.