Decision details

Purchase of Additional Affordable Housing Units - Former Tower and Fort Development site, Graiseley.

Decision Maker: Cabinet (Resources) Panel

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the purchase of an additional four affordable housing units from Galliford Try on the former Tower and Fort development site using S106 monies.

Decisions:

Councillor Ian Brookfield presented the report on a proposal to purchase of an additional four housing units, currently being developed by Galliford Try, on the Former Tower and Fort development site.  The properties would be managed by Wolverhampton Homes and would assist with the demands of the Council’s waiting lists.

 

Resolved:

1.   That the purchase of four additional affordable housing units for a total purchase price up to £580,000 from Galliford Try on the Former Tower and Fort Development site, Graiseley be approved.

 

2.   That an increase of £580,000 to the Housing Revenue Account capital programme budget for the Tower and Fort Works new build development for the purchase of these properties, to be funded from affordable housing funding received by the Council be approved.

 

3.    That authority be delegated to the Cabinet Member for City Assets and Housing in consultation with the Director of City Assets and Housing to approve any minor variations to the purchase of these additional affordable housing units.

Report author: Karen Beasley

Publication date: 23/07/2019

Date of decision: 23/07/2019

Decided at meeting: 23/07/2019 - Cabinet (Resources) Panel

Effective from: 30/07/2019

  • Restricted enclosure  View reasons restricted
  •