Issue - meetings

To consider changing the allocation of funding in the housing strategy programmes.  The programmes were agreed by members in July 2009 and due to residential market conditions some elements of the programme have proven difficult to deliver.  In addition the report proposes a new scheme to enable households to buy a home in Bracknell Forest with help from the Council.

RESOLVED that

1          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          The delivery of the equity share scheme is managed externally from the Council.

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