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Issue - meetings

Housing Private Finance Initiative (PFI) Phase 2 Sites

Meeting: 24/05/2012 - Cabinet Capital Assets Committee (Item 26)

26 Housing Private Finance Initiative (PFI) Phase 2 Sites

To consider the attached report of the Service Director – Strategy and Commissioning.

 

Supporting documents:

Minutes:

Councillor John Thomson, Cabinet Member for Adult Care, Communities and Housing, introduced a report which sought approval in principle to allocate sufficient Council owned sites, for nil consideration, to enable the delivery of at least 108 new affordable homes through the Housing Private Finance Initiative (PFI) project phase 2, with a minimum of 48 units delivered on Council owned land.

 

Resolved

 

The Cabinet (Capital Assets) Committee agrees to:

 

1.    Approved the allocation in principle of sufficient Council owned sites to enable the delivery of 108 new affordable homes through the Housing Private Finance Initiative (PFI) project phase 2, with a minimum of 48 units delivered on Council owned land as agreed in the Final Business Case, subject to planning permission.

 

2.    Agree that all Council owned site in the project will be provided for nil consideration.

 

Reasons for Decision

 

Delivery of phase 2 of the Housing PFI project will result in the completion of around 108 new affordable homes to meet the housing needs of residents of Wiltshire and will secure up to £23.76 million Revenue Support Grant.

 


 

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