To enable a bid to be concluded for the acquisition of a town centre property, which will assist the Council in meeting its affordable housing need.
An opportunity has arisen for the Council (in its role as housing provider) to seek to acquire the freehold of a property in Fareham town centre. The site is well located and suited to provide a redevelopment opportunity providing much needed affordable homes (most likely for the purposes of temporary and emergency accommodation).
The redevelopment of the site will also provide regeneration benefits to the town centre.
The opportunity to provide temporary and emergency accommodation will provide a better housing solution for customers in a more cost-effective manner.
Decision type: Key
Decision status: Recommendations Approved
Notice of proposed decision first published: 07/09/2023
Anticipated restriction: Part exempt - View reasons
Decision due: 9 Oct 2023 by Executive
Lead member: Executive Member for Housing
Lead director: Director of Housing
Contact: Robyn Lyons, Director of Housing Email: rlyons@fareham.gov.uk.
Consultees
None
Background Papers: None