Decision details

Homes for Harrow: Building homes for private sale to cross subsidise affordable housing development

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Approval and related delegated authorities to proceed with a limited programme to build homes for private sale on small infill HRA sites to cross subsidise the development of affordable homes on other small infill sites.

Decisions:

Having considered the confidential appendix, it was

 

Resolved to RECOMEND:  (to Council)

 

That a new Housing Revenue Account (HRA) Capital Budget totalling £3.5m to finance the development of homes for private sale, two of these homes being in Masefield Avenue and the remainder on other sites identified in Appendix 1 to the report, the proceeds from which would be recycled to support the development of affordable homes included within the approved Homes for Harrow HRA infill development programme, be approved.

 

RESOLVED:  That

 

(1)          the contract to build two homes for private sale in Masefield Avenue be awarded to Company C, Indecon Building Ltd.;

 

(2)          the Divisional Director for Housing and the Director of Finance, following consultation with the Portfolio Holders for Housing and Finance and Major Contracts, be authorised to accept tenders and enter into contract for any matters referred to in the report.

 

Reason for Decision:  To maximise under used HRA assets to generate cross subsidy to support building new affordable homes within mixed and balanced communities.

 

Alternative Options Considered and Rejected:  As set out in the report.

 

Conflict of Interest relating to the matter declared by Cabinet Member/Dispensation Granted:  None.

 

[Call-in does not apply to decisions that are reserved to Council.]

Report author: Lynne Pennington

Publication date: 11/12/2015

Date of decision: 10/12/2015

Decided at meeting: 10/12/2015 - Cabinet

Effective from: 19/12/2015

Accompanying Documents: