18 Acquisition of Section 106 Properties by the Housing Revenue Account PDF 150 KB
To consider the report regarding the Acquisition of Section 106 Properties by the Housing Revenue Account.
Additional documents:
Minutes:
The Vice-Chair reminded Members that details pertaining to cost were commercially sensitive and the meeting would have to be moved to Part Two if such details were to be discussed. He said that the debate could remain open to the public if members were content to only discuss the general principles of the purchase.
Members agreed that they were content to discuss the general principles in the first instance.
Councillor Coote spoke to the report and urged Members to accept the recommendations.
Councillor Hargreaves seconded the proposal.
Members welcomed the initiative.
Following questions from Members, the Leader of the Council confirmed:
Councillor Hargreaves confirmed that the proposal would be funded by the Housing Revenue Account.
Councillor Khan requested that the proposal be amended to ensure that the housing be built to adequate quality and be ring-fenced for social rent only.
Councillor Coote confirmed that the Housing Board had agreed to ask the Housing Revenue accountant to model social and affordable rent systems for comparison.
The Chief Executive clarified that no amendment was required as the recommendation before Members was to secure the purchase and did not bind them to either rent type.
Councillor Merifield confirmed that Housing Board had agreed to consider the rent and subsequently make a recommendation to Cabinet and then Full Council. She confirmed that affordable rent in Uttlesford is 25% below Housing Association rent.
Councillor Freeman said that the Council could ensure build quality of the affordable housing by requiring inspection by Building Control officers.
In response to a series of questions, Council was informed:
15 Acquisition of Section 106 Properties by the Housing Revenue Account
To consider the report regarding the Acquisition of Section 106 Properties by the Housing Revenue Account.
Additional documents:
Decision:
RESOLVED to:
i. Approve the purchase by the HRA of 18 x 1 bed flats and 1 x 2 bed flat from Barratts Homes as per the details outlined in the restricted report..
ii. Request that Full Council endorses the acquisition and to authorise the required borrowing.
Minutes:
Councillor Coote presented the report and welcomed the proposed purchase of nineteen additional properties by the Housing Revenue Account. He commended the Housing team for their hard work in bringing the proposal to Cabinet.
Councillor Gregory asked why the properties would be set at affordable rental rates, rather than social rents.
Councillor Coote said he would rather have offered social, not affordable, rent but that cost considerations made it necessary for this proposal.
Councillor Gregory asked whether the rent could be reviewed if the financial situation improved in the future.
Councillor Coote agreed that the rent could be reviewed at a later date.
Councillor Coote recommended that Members recommend to Full Council to approve the acquisition of Section 106 properties by the Housing Revenue Account. Councillor Evans seconded the proposal.
RESOLVED to:
I. Approve the purchase by the HRA of 18 x 1 bed flats and 1 x 2 bed flat from Barratts Homes as per the details outlined in the restricted report.
II. Request that Full Council endorses the acquisition and to authorise the required borrowing.
1 The meeting ended at 19:55. |
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