Issue details
Housing Capital Strategy 2023/24: Delivering at pace to increase the supply of new homes
PDF 228 KBThe three-year
Housing Revenue Account Capital Programme for 2023-26 of
£389.625m, of which £311.357m is allocated to the new
council homes programme, was approved by Full Council on 1st March
2023. The available budget has been allocated to the named schemes,
which form the Approved Housing Capital Programme and is expected
to deliver 1,080 new homes. However, there is a pipeline of further
schemes that is currently unfunded.
This report sets out the approach to enabling the delivery of new
homes on the currently unfunded sites, through alternative delivery
routes, to ensure that supply of new homes continues to be
increased at pace to address overcrowding and the high levels of
housing need in the borough.
Decision type: Key
Reason Key: £1 Million expenditure/savings and also an impact on 2 or more wards.;
Decision status: Recommendations Approved (subject to call-in process)
Wards affected: (All Wards);
Notice of proposed decision first published: 25/04/2023
Decision due: 24 May 23 by Cabinet
Lead member: Cabinet Member for Regeneration, Inclusive Development and Housebuilding
Lead director: Corporate Director, Place
Department: Place
Contact: Stephen Shapiro, (Acting Director of Property and Majory Programmes) Email: Stephen.Shapiro@towerhamlets.gov.uk.
Consultation process
Targeted consultation has been undertaken in
accordance with the information provided in the PIDs.
Has an Equality Analysis been carried out and if so the result of this Assessment?: Initial EIAs form part of the PID approval process for individual capital programme areas
What supporting documents or other information will be available?: The Council’s 2023-26 Approved Capital Programme – Cabinet 27th January 2023
Decisions
- 29/05/2023 - Housing Capital Strategy 2023/24: Delivering at pace to increase the supply of new homes
Agenda items
- 24/05/2023 - Cabinet Housing Capital Strategy 2023/24: Delivering at pace to increase the supply of new homes 24/05/2023
Documents
- Housing Capital Strategy 2023/24: Delivering at pace to increase the supply of new homes