Purpose

To provide an update in relation to the Crossfell Walk project; In light of rising project costs and complexities, this development will no longer be pursued.

Approval will be sought for the funding mechanisms originally outlined for the development to be allocated to affordable housing elsewhere in the borough.

The report updates the Executive on the decision to no longer pursue the redevelopment at Crossfell Walk.  This project involved the demolition of the two flyover flats at Nos, 15 and 17 Crossfell Walk, replacing them with one 3 bed home.

The redevelopment was originally presented to the Executive Member for Housing for approval in June 2020.  Approval was sought to use the Capital Receipt from the sale of two HRA properties for this project.  This report seeks approval for the Capital Funding to now be allocated towards other affordable housing developments in the borough.

Decision

RESOLVED that the Executive approves the use of the Capital Receipt to fund capital improvements to, or further delivery of, affordable housing in the borough.