Decision details

Approval of Affordable Housing Commuted Sums funding to support the delivery of affordable homes at Railway Street

Reference: D57306

Decision Maker: Director of City Development

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the use of Affordable Housing Commuted Sums Grant Funding to support a Registered Provider partner in the delivery of new affordable homes at Railway Street.

Decision:

The decision has been taken by the Chief Officer Asset Management and Regeneration to approve and grant authority for:

a)  The spend of affordable housing commuted sums grant funding up to £670,000 to support the delivery of a 100% affordable scheme by 54North Homes of 58 new homes for social rent at Leonora House, Railway Street, Burmantofts and Richmond Hill and;

b)  The Council to enter into a grant agreement and nominations agreement with 54North Homes on the terms set out in this report.

Reason Key: Financial Impact>£500K;

Wards Affected: Burmantofts and Richmond Hill;

Other reasons / organisations consulted

Local ward members have been briefed over recent years and will be provided with an update in early 2024. The Executive Member for Housing is aware of the scheme and will be fully briefed in February 2024.

Consultees

Executive Member for Housing

Local Ward Members

Contact: Clare Wiggins, Principal Regeneration Officer 0113 535 1237 Email: Clare.Wiggins@leeds.gov.uk.

Publication date: 25/03/2024

Date of decision: 04/04/2024

Effective from: 12/04/2024

Accompanying Documents: