Decision details
TH Affordable Housing Grant - continuous market engagement (George Green Almshouses)
Decision Maker: Grants Determination (Cabinet) Sub-Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
The Grants Determination Sub Committee are
asked to consider and endorse Officers’ recommendations to
award grant funding to the George Green’s Almshouses from the
Borough’s Right To Buy receipts to purchase 2 ex right to buy
properties to be used for the provision of affordable
housing.
Decision:
Tracey St Hill, (Principal RSL Partnerships Officer)presented the report seeking the allocation of grant funding to the George Green Almshouses for the provision of additional affordable housing from right to buy receipts.
The Sub - Committee were reminded that in December 2015, the Commissioners agreed that £7.06 millions of retained Right Buy Grants Receipts could be used for the establishment of a Local Affordable Grants Programme for the provision of affordable housing. The Mayor in Cabinet had since ratified grant funding for this scheme. The application from George Green Almshouses sought grant funding to provide two properties from Poplar Harca.
The Chair invited the Chair of GSSC to comment on the report and he reported that the GSSC endorsed the recommendations. The Mayor then invited GDSC Members to comment on the report and they indicated that they supported the proposals.
DECISION
1. That the Corporate Director Place be authorised to award Right to Buy grant funding for the amount listed in 1.7 of the report to George Green’s Almshouses, together with a 10% uplift to take account of potential increases in build or acquisition costs.
2. That the Corporate Director Place be authorised to enter into a grant agreement and make decisions relating to any associated matter to give effect to the delegation referred to in resolution 1 above.
Report author: Tracey St Hill
Publication date: 20/06/2018
Date of decision: 06/06/2018
Decided at meeting: 06/06/2018 - Grants Determination (Cabinet) Sub-Committee
Accompanying Documents: