Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The purpose of this report is to seek approval of the Fareham Borough Council Shared Ownership Policy. The Policy sets out the Council’s approach to its Shared Ownership properties. This includes the criteria around household eligibility and the marketing, selling and management of this type of accommodation.
RESOLVED that the Executive:
(a) approves the Fareham Borough Council Shared Ownership Policy, as provided in Appendix A to the report, for publication; and
(b) approves payment in accordance with the Council’s Incentive Scheme for any existing tenants agreeing to downsize. This would only apply to Fareham Borough Council tenants who are moving into Fareham Borough Council shared ownership stock.
Report author: Fleur Allaway
Publication date: 03/11/2021
Date of decision: 01/11/2021
Decided at meeting: 01/11/2021 - Executive
Effective from: 13/11/2021