Issue - decisions
Delivery of Shared Ownership Homes Programme Match Funded by Homes and Communities Agency
18/05/2017 - Shared Ownership Affordable Housing Programme
Resolved: That the Executive:
a) Accepts the Homes and Communities Agency (HCA) grant award of £2.76m, for the delivery of 65 Shared Ownership homes.
b) Recommends to Council a budget of £5.52m for the scheme funded from the HCA grant (£2.76m) and the HRA investment reserve (£2.76m)
Reason: So that the Council can formally accept the HCA investment and deliver this affordable home ownership programme as part of the Council’s ambition to deliver a wider range of tenure products to meet the housing needs of the city.