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Decision details
Revised Affordable Rents Policy for all New Build Wolverhampton Council Housing
Decision Maker: Cabinet
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To approve the revised Affordable Rents Policy
for Wolverhampton New Build Council Housing.
Decision:
1. That Social Rents are applied to new build council properties only when allocated to a returning tenant(s) who are displaced as a result of an approved council led regeneration programme. This is only applicable for new build properties built without using grant funding.
2. That Social Rent is charged on properties purchased through the Market to Affordable Housing Conversion Programme only when the property is allocated to an existing tenant(s) who is required to temporarily decant to assist in the progression of the approved council led regeneration programme.
3. That authority be delegated to the Cabinet Member for City Assets and Housing, in consultation with the Director of City Housing and Environment, to authorise future amendments to the City’s Affordable Rents Policy for new build council Housing.
Report author: Michelle Garbett
Publication date: 09/09/2021
Date of decision: 08/09/2021
Decided at meeting: 08/09/2021 - Cabinet
Effective from: 15/09/2021
Accompanying Documents: