Issue - meetings
Affordable Housing Grant Programme - George Green's Almshouses
Meeting: 27/09/2018 - Grants Determination (Cabinet) Sub-Committee (Item 6)
6 Affordable Housing Grant Programme - George Green's Almshouses PDF 143 KB
Additional documents:
- CME Summary of bid GGA 16 SpanbyRd E3 4EN, item 6 PDF 49 KB
- George Greens' Almshouses APP 16 Spanby Rd E3, item 6 PDF 3 MB
- CME Summary of bid GGA 16 SpanbyRd E3 4EN, 22/08/2018 Grants Determination Sub-Committee Pre-agenda Meeting, item 6 PDF 40 KB
Decision:
Tracey St Hill (Principal RSL Partnerships Officer) presented the report which proposed to allocate Right to Buy receipt grant funding to George Green's Almshouses to part finance the acquisition of one social housing unit.
The Mayor enquired and it was noted that the Sub-Committee asked questions about the age of the properties that the Council was buying under the initiative. The GSSC endorsed the recommendations.
The Sub Committee were also advised that paragraph 2.1 of the report required amending, to reflect changes to the rules around the use of right to buy receipts.
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 paragraph 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 paragraph 1 above.
Minutes:
Tracey St Hill (Principal RSL Partnerships Officer) presented the report which proposed to allocate Right to Buy receipt grant funding to George Green's Almshouses to part finance the acquisition of one social housing unit.
The Mayor enquired and it was noted that the Sub-Committee asked questions about the age of the properties that the Council was buying under the initiative. The GSSC endorsed the recommendations.
The Sub Committee were also advised that paragraph 2.1 of the report required amending, to reflect changes to the rules around the use of right to buy receipts.
The Mayor then invited GDSC Members to comment on the report and they indicated that they supported the proposals.
RESOLVED
1. That the Corporate Director Place be authorised to award Right to Buy grant funding for the amount listed in paragraph 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 paragraph 1 above.
Meeting: 20/09/2018 - Grants Scrutiny Sub-Committee (Item 5)
5 Affordable Housing Grant Programme - George Green's Almshouses PDF 143 KB
Additional documents:
- CME Summary of bid GGA 16 SpanbyRd E3 4EN, item 5 PDF 41 KB
- George Greens' Almshouses APP 16 Spanby Rd E3, item 5 PDF 3 MB
Minutes:
Tracey St Hill, Registered Providers Partnership and Development Officer, presented her report in relation to the Affordable Housing Grant Programme- George Green’s Almshouses. Ms St Hill explained to Members, Cabinet had agreed to set up a £7.06M fund of retained RTB receipts to be used for the period 2016 onwards. In January 2018 a further £5M of additional grant funding was agreed to allow for the acquisition and development of schemes that provide affordable housing.
Ms St Hill stated George Green’s Almshouses were looking to purchase one property from Poplar HARCA and sought a grant of £90,600. She said the property would be managed by Providence Row Housing Management, with the freehold being retained by Poplar HARCA.
Members of the Sub-Committee asked questions in relation to the report and the Sub-Committee noted the following:
· Jen Pepper would clarify via email the age of the property being purchased by George Green Almshouses.
· The total number of properties purchased to date, by the Housing Provider was eight.
· Paragraph 2.1 of the report would be amended to state the council can now bank monies with the DCLG rather than having to spend RTB receipts within three years.
· In response to how many properties the Council had purchased, the Sub-Committee was informed in the circa of 140 properties and that these were mainly from Poplar HARCA stock or ex-RTB properties.
Members of the Sub-Committee AGREED to recommend to the Grant’s Determination Sub-Committee to:
1. Authorise the Corporate Director Place to award Right to Buy grant funding for the amount listed in paragraph 1.7 of the report to George Green Almshouses, together with a 10% uplift to take account of potential increases in build or acquisition costs.
2. Authorise the Corporate Director Place to enter into a grant agreement and make decisions relating to any associated matter to give effect to the delegation referred to in paragraph 1 above.