Issue - meetings

To consider the report on a development site at Saffron Walden.

The Housing Strategy and Operations Manager gave a summary of the report, which detailed proposals to purchase a development site in Saffron Walden from the General Fund for use for an affordable housing scheme. She said the scheme would pay for itself over 30-35 years. The department had negotiated a price at the lower end of the range of what the site was worth.

APPROVED to recommends that the development site in Thaxted Road, Saffron Walden is transferred from the General Fund to the Housing Revenue Account for the consideration of £1.02million, subject to planning permission being secured for a scheme suitable for affordable housing.