Decision details

The Executive RESOLVED to:

1.         note the progress made in delivery of new affordable Council homes through the acquisition of property under Section 106 (S106) Agreements and delivery of shared ownership homes to offer another tenure to further support delivery of new homes which meet the needs of its residents.

2.         agree a budget allocation for acquisition, works and fees associated with delivery of 5 new affordable homes on the CALA Amlets Way development in Cranleigh as set out in Exempt Annexe 2 of the agenda report.

3.         delegate authority to the Strategic Director (Chief Finance Officer), in consultation with Portfolio Holder for Finance and Portfolio Holder for Housing Services, to enter into a contract with CALA Homes.

4.         delegate authority to the Head of Strategic Housing and Delivery, in consultation with Strategic Director (Chief Finance Officer) and Portfolio Holder for Finance and the Portfolio Holder for Housing Services, to allocate the remaining S106 budget when other opportunities to acquire new homes on developer sites.

[HOUSING OVERVIEW & SCRUTINY COMMITTEE]

[Reason: to progress the delivery of new affordable homes in Waverley through the use of S106 sites.]