409 Acquisition of Registered Providers' Street Properties PDF 82 KB
The report considered by the Community Wellbeing and Housing Committee on 28 September 2021 and its subsequent recommendation are attached.
Additional documents:
Minutes:
This report was making preparations for the 2022-23Capital Programme. Knowle Green Estates would receive the assets (to be financed by loan finance from the Council) and would manage the assets. The long term viability analysis indicated that it would be viable for KGE to hold the assets (as long as appropriate purchase prices were paid).
There was discussion about inviting the directors of Knowle Green Estates to a future meeting of this committee or to the Community Wellbeing and Housing Committee.
Resolved that:
1. The Acquisition of Registered Providers Street Properties Policy be approved; and
2. A Capital Programme recommendation be made for 2022-23 for approval by Council in February 2022.
397 Acquisition of Registered Providers' Street Properties PDF 381 KB
To approve the adoption of the Acquisition of Registered Providers Street Properties Policy and to make Capital Programme recommendations to the Corporate Policy and Resources Committee as the Capital Programme process for 2022/23, progress leading up to approval of Capital Programme by Spelthorne Borough Council in February 2022.
Additional documents:
Minutes:
The Joint Head Community Wellbeing presented a report to the Committee that sought to enable Knowle Green Estates Ltd to acquire the specific type of properties to suit local housing needs, and to set up disposal protocols for Registered Providers with stock in Spelthorne to ensure that affordable housing remains within the borough.
The Committee resolved to recommend to the Corporate Policy and Resources Committee that:
1. the Acquisition of Registered Providers Street Properties Policy is approved; and
2. to make Capital Programme recommendations for 2022-23 before approval by Council in February 2022.
The Chair asked that the Committee’s appreciation for the work that had been undertaken by Community Wellbeing officers throughout the pandemic be noted.