Purpose

Providing an update on the progress of the
delivery of the first 4 council homes sites, as agreed at Cabinet
in July, and an overview of recommendations of sites and delivery
routes to enable the Council to deliver its long term ambitious
target of 400 genuinely affordable sustainable homes underway by
2026.

Decision

RESOLVED:
 

A.   
That Cabinet noted the update and recommendations arising from the
externally led asset review on how the Council’s ambition to
deliver 400 new council homes can be met.

B.   
That Cabinet agreed not to dispose of the next tranche of sites, as
previously agreed, and instead allocates the sites for the
affordable homes programme either through Council led delivery or
development partnership.

C.  
That Cabinet approved design and viability work to being on the
following three sites: Worsfold House, Chaucer Centre and Gifford
House.

D.  
That Cabinet approve the commencement of soft market testing with
the private sector on a partnership arrangement to deliver homes at
the land at Battle Close.

E.   
That Cabinet approved the allocation of the expected capital
receipt from the sale of the land at St George’s Rd to
support the design work for the three sites highlighted above in C,
and to support procurement for development through a partnership
for the land at Battle Close, if soft market testing is
positive.

F.   
That the land at 111-127 The Broadway SW19 (also known as P4) be
brought to the market and that the Executive Director of Housing
and Sustainable Development, in consultation with the Cabinet
Member for Housing and Sustainable Development, be authorised to
agree terms for a disposal.

G.  
That the capital receipt from the sale of the land at 111-127 The
Broadway SW19 is ringfenced to support the delivery of the
Council’s affordable homes programme.

H.  
That Cabinet noted the finance, timescale and officer resource
implications for the continuing programme, including the
conclusions from a report into the viability and timing of setting
up a new Council Housing Revenue Account

I.    
That Cabinet noted the proposed Governance arrangements for
ensuring oversight of the housing programme moving forward