Issue - items at meetings - Acquisition of Registered Providers' Street Properties
Issue - meetings
Acquisition of Registered Providers' Street Properties
Meeting: 04/10/2021 - Corporate Policy and Resources Committee (Item 409)
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:
- Committee report - Acquisition of Registered Providers Street Properties, 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 381 KB
- Appendix A Acquisition of Registered Providers Street Properties Policy, 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 146 KB
- Appendix B Equality Impact Assessment for Acquisition of Registered Providers Street Properties, 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 404 KB
- Appendix C Funding Streams from Homes England, 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 141 KB
- Appendix D - 5-year Capital Plan - options, 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 133 KB
- Appendix E - Rent and purchase average values in Spelthorne (August 2021), 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 23 KB
- Appendix F - Budget calculations, 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 148 KB
- Appendix G - Street housing Staines model cheapest, 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 99 KB
- Appendix H - Street housing Sunbury model most expensive, 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 98 KB
- Appendix I - Street housing HMO, 28/09/2021 Community Wellbeing and Housing Committee, item 409 PDF 95 KB
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.
Meeting: 28/09/2021 - Community Wellbeing and Housing Committee (Item 397)
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:
- Appendix A Acquisition of Registered Providers Street Properties Policy, item 397 PDF 146 KB
- Appendix B Equality Impact Assessment for Acquisition of Registered Providers Street Properties, item 397 PDF 404 KB
- Appendix C Funding Streams from Homes England, item 397 PDF 141 KB
- Appendix D - 5-year Capital Plan - options, item 397 PDF 133 KB
- Appendix E - Rent and purchase average values in Spelthorne (August 2021), item 397 PDF 23 KB
- Appendix F - Budget calculations, item 397 PDF 148 KB
- Appendix G - Street housing Staines model cheapest, item 397 PDF 99 KB
- Appendix H - Street housing Sunbury model most expensive, item 397 PDF 98 KB
- Appendix I - Street housing HMO, item 397 PDF 95 KB
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.