Agenda item - Home purchase policy update

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Agenda item

Home purchase policy update

Minutes:

26.1      Officers outlined the Housing Management and Performance Report.

 

26.2      Residents questioned the total number of affordable homes there were in city and how many were allocated to each new building development.

 

26.3      Officers responded that the number of affordable homes required differed on each scheme and development.

 

26.4      The Chair said that the general policy was that 40% of all developments that have at least ten units were required to be affordable, however often developers said that they could not afford that rate. In that case, committees had to decide whether they were satisfied with the claim to go ahead which could be frustrating if the housing organisation simply did not want to manage affordable homes. The report supported managing these affordable homes.

 

26.5      Residents raised that capital works projects would cause financial stress for leaseholders.

 

26.6      Officers responded they would more feedback from leaseholders to take a managed approach.

 

26.7      The Chair noted the report should bring expansion for the affordable homes scheme.

 

26.8      RESOLVED: That the Panel noted the report.

 

Supporting documents:

 


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