Purpose

This decision is made in accordance with The
Project 1000 Affordable Housing Delivery Plan 2022-25 and outlines
how the council will focus its land, time, money, and influence to
improve the way affordable housing is delivered in Bristol.
The council’s ambition is to work with partners, local
communities and developers to deliver 1000 new affordable homes
each year by 2024.
The scheme enables the Housing and Landlord Services to spend Right
to Buy (RTB) receipts at risk of being returned. The proposal is
for a revenue generating scheme that will benefit the HRA Business
Plan.

Content

That the Executive Director - Growth and
Regeneration in consultation with the Section 151 Officer, Cabinet
Member for Finance, Governance and Performance and Cabinet Member
for Housing Delivery and Homes (and with appropriate legal, finance
and procurement advice) approve entering into contract with
Stepnell for the construction of 16 new council homes and
associated development.