Decision details

Review of Housing Strategy

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Review of the Council's spending programmes that support the Council's Housing Strategy.

Decision:

1          That an equity share scheme to enable first time buyers to buy a home is established in Bracknell Forest.

 

2          Subject to the decision above, £1 million is allocated from the existing housing capital programme to support the equity share scheme in 2010/11 to fund a maximum of 20 equity shares in this financial year.

 

3          That the delivery of the equity share scheme is managed externally from the Council.

 

4          That the revised housing strategy programme of spend as set out in Appendix A to the report be agreed.

Reasons for the decision:

Reasons for the recommendations are outlined in the report.

Alternative options considered:

The alternative options are outlined in the report.

Interests and Nature of Interests Declared:

None.

Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;

Financial Impact: Contained within report.

Declarations: None.

Subject to Urgent Proceedings: No.

Making Representations: In writing to the Director of Environment, Culture & Communities.

Other reasons / organisations consulted

Focus Groups and by written representations.

Consultees

Households registered for shared ownership and Strategic Housing Partnership.

Contact: Simon Hendey, Director Tel: 01344 351688.

Report author: Simon Hendey

Publication date: 13/07/2010

Date of decision: 13/07/2010

Decided at meeting: 13/07/2010 - Executive

Effective from: 22/07/2010

Accompanying Documents: