Issue - meetings
Tower Hamlets Affordable Housing Grant 2016-19
Meeting: 12/04/2016 - Commissioners' Decision Making Meeting (Item 6.7)
6.7 Tower Hamlets Affordable Housing Grant 2016-19 PDF 137 KB
Decision:
The Chair invited Councillor Blake to comment on the report. She indicated that she supported the proposal since affordable housing was a matter of local concern and a Council priority. Additionally, the council had received many right to buy receipts as a result of Government policy. The conditions of the scheme to mitigate the risks of abuse of the scheme also were noted.
The Chair invited Councillors present to comment on the report and they indicated that they supported the proposals.
Commissioner Max Caller noted that an application under this scheme concerned the purchase of steel. He recommended that the Council reflects the new Central Government guidance on the procurement of steel in development projects funded by the Council in its procurement strategy.
RESOLVED
1. The Officers’ recommendations to award Right To Buy grant funding in the amounts listed to the Registered Providers outlined in point 5.2 of the report be endorsed and allow for a 10% uplift to this amount to allow flexibility to take account of potential higher build or acquisition costs.
2. That it be noted that the programme has been extended beyond December 2017 to encourage the inclusion of more new build schemes and facilitate the take up of RTB receipts that continue to accumulate.