Issue - decisions

GLA Affordable Homes Programme 2021-2026 - Grant Agreement

11/10/2022 - GLA Affordable Homes Programme 2021-2026 - Grant Agreement

1.        Recommendations

That the Cabinet Member for Climate Action, Regeneration & Renters and the Cabinet Member for Finance and Council Reform:

 

1.1          Approves the Council to enter into grant agreement with the GLA for the Affordable Homes Programme 2021-26.

 

1.2          That Appendices A&B attached to this report be exempt from disclosure by virtue of the Local Government Act 1972 Schedule 12A, Part 1, paragraph 3 as amended, in that they contain information relating to the financial or business affairs of the Council.

 

2.        Reasons for Decision 

 

1.3          Funding from the GLA supports WCC’s strategic approach to deliver additional affordable homes in the city, including social rented homes.

 

1.4          The homes delivered under this programme will be provided as social rent or intermediate tenancies and will be made available to either existing council tenants who have priority for a transfer, homeless households, or those on the intermediate housing waiting list.

 

1.5          Capital funding provided will support scheme viability and increase the number of homes that can be developed for those households in social housing need.