Further to Minute No. 70, 21st September 2016, the Director of City Development submitted a report providing an overview of affordable housing commuted sums available to the Council and which sought approval for the investment of this funding into a range of new supply affordable housing schemes, primarily focussing upon the city centre and its fringe areas in order to support the provision of mixed communities.
Regarding the proposed development at Meynell Approach, Members noted that it was being used as a pilot for Modern Methods of Construction. As such, responding to a Member’s enquiry, officers undertook to monitor the progress of this development and would take into consideration any potential benefits that this alternative method of construction may be able to provide for future developments. In response, the Member in question requested that he be kept updated on the performance of this alternative construction method.
RESOLVED –
(a) That the Council’s intention to submit a Housing Infrastructure Fund bid which will support and unlock the development of new homes in the city centre, as set out at paras 3.1 – 3.6 of the submitted report, be noted and supported;
(b) That the proposed approach towards the deployment of commuted sums, as set out at paragraphs 3.10 – 3.20 of the submitted report be agreed, and should any revisions be required, the necessary authority be delegated to the Director of City Development to enable the Director to determine these, in consultation with the Executive Member for Regeneration, Transport and Planning;
(c) That it be noted that further work is underway with developers to establish opportunities for the delivery of additional affordable housing on sites across the city centre using funding available to the Council;
(d) That the intention that the Council enters into a Collaboration Agreement with the owner of the former Hobby Horse Public House at Lovell Park Hill, as a means of securing delivery of affordable homes and the regeneration of a derelict site, as set out in paragraph 3.14 of the submitted report, be noted;
(e) That the injection of £3.402m Affordable Housing Commuted Sums, be approved and that ‘authority to spend’ of £4.86m, be granted, which will be funded by the £3.402m Affordable Housing Commuted Sums and £1.458m from the Right to Buy Replacement Programme, towards the Council New Build scheme at Meynell Approach.