The Housing Supervisory Board of Shropshire Council is scheduled to convene on Thursday, 19 March 2026. The meeting's agenda includes a review of the performance of Cornovii Developments Limited, the council's wholly-owned housing development company, and updates on its ongoing projects.

Cornovii Developments Limited - Quarter Three Monitoring Report

A significant focus of the meeting is expected to be the Cornovii Developments Limited - Quarter Three Monitoring Report for the period ending December 2025. This report will provide an update on the company's progress against its approved business plan, which aims to deliver 582 homes over its operational period. As of the end of Quarter Three, 114 homes have been completed, 135 are currently under construction, and 283 are in the development pipeline. The report indicates a reduction of 50 units from the original forecast, attributed to updated viability assessments and scheme changes.

The report highlights that affordable housing delivery remains a key aspect of Cornovii Developments Limited's (CDL) programme. While the overall business plan forecasts 21% of homes to be affordable, completed sites have achieved 34% affordable housing. The report also details the tenure mix across completed and live schemes, which includes market sale, affordable housing, private rented sector (PRS), and Rent to Own properties. CDL has entered the PRS market, with 41 PRS properties and 9 Rent to Own homes currently tenanted, generating £0.440m in rental income and £0.922m in capital growth.

Key development sites such as London Road (Charles View), Sue West Welshpool Road, and Shrewsbury Road Oswestry are also mentioned, with updates on their planning, procurement, and funding activities. The report will also cover financial implications, including CDL's contribution to the council's financial sustainability, and a climate change appraisal of CDL's developments.

Cornovii Developments Limited - Business Plan Update

In addition to the detailed monitoring report, a verbal update is scheduled regarding the Cornovii Developments Limited business plan. This will likely provide further context and potentially address any immediate developments or strategic adjustments since the business plan's approval in March 2025.

The meeting will also include standard procedural items such as apologies for absence, declarations of interest, and the confirmation of minutes from previous meetings. Public and member question times are also scheduled, providing an opportunity for engagement on housing-related matters. An item concerning the exclusion of the press and public is listed, followed by the confirmation of exempt minutes and an exempt report related to Cornovii Developments Limited's Quarter Three monitoring.