Decision - New Homes for Neighbourhoods – Scheme Approval - Lynchet Close

(1)                That Housing and New Homes Committee approves:

i.                 The proposed scheme of eight new council homes at Lynchet Close, Brighton under the New Homes for Neighbourhoods programme;  

ii.               That rent option 4 is used for the scheme rent levels as set out in Appendix 3 to the report.

(2)      That Housing and New Homes Committee recommends to Policy, Resources and Growth Committee to:

i.                 Approve that the Environmental Services land marked with hatching in Appendix 1 be appropriated to the Housing Revenue Account for a nil capital receipt for planning purposes to enable the whole vacant Lynchet Close site to be developed for new council housing;

ii.                Approve a budget of £2.532m for the Lynchet Close scheme in the HRA Capital Programme which will be financed through a mixture of HRA borrowing and retained Right to Buy capital receipts.

(3)      That the Housing & New Homes Committee requests a full report on housing construction costs be brought to the next meeting of the committee to inform the future programme.

(4)      That a report be provided to the next Housing & New Homes Committee setting out the options for a new ‘rent policy’ for new council houses.