Decision details

RESOLVED:

That District Executive agree to:-

a.

Confirm ringfencing of the £175,000 grant returned from Spectrum for deployment to produce new affordable housing in Yeovil [ref section 7];

b.

Note the outturn position of the Affordable Housing Development Programme for 2016/17 [ref section 10];

c.

De-allocate £2,300 from Magna Housing Association for the single acquisition in Chard which came in under budget [ref section 11 ];

d.

De-allocate a further £312,500 from Stonewater for the Learning Disability (LD) scheme at West Hendford, Yeovil [ref section 11 ];

e.

Allocate an additional £11,000 for Stonewater for the supply and fitting of cookers at the Queensway scheme, Yeovil [ref section 11 ];

f.

Confirm an allocation of £92,500 to BCHA for acquisition of five bought not built properties [ref section 11 ];

g.

Note the progress made on Community Led Housing and use of the specific fund allocated by central Government [ref section 13].

Reason:

To update the Executive on the final position of the Affordable Housing Development Programme for 2016/17, the current position for 2017/18 and future prospect.