Meetings, agendas and minutes Calendar Committees Constitution Election Results Decisions ePetitions Notice of Key Decisions Library Meetings Outside bodies Search documents Subscribe to updates What's new Your Councillors Your County Councillors Your MEPs Your MPsTo outline a new approach to support housing delivery in the borough.
The current market and financial conditions have resulted in a significant downturn in the delivery of new homes to buy and/or rent. At the same time, there is a growing need for affordable homes in the borough and a reducing level of finance available to support affordable housing investment in the traditional ways.
This report outlines an alternative approach to supporting the delivery of new homes through the creation of a local housing company as a Joint Venture Company. Officers have been exploring this option in partnership with colleagues from Eastleigh Borough Council and two local Registered Providers (Housing Associations). The option provides an opportunity to help stimulate economic growth locally and increase the supply of new homes to buy and/or rent.
The Executive is invited to support the proposal in principle and authorise expenditure on specialist advice and legal costs to progress this option to the next stage.
Decision type: Key
Decision status: Recommendations Approved
: Corporate Strategy; Housing Strategy;
Decision due: 8 Jul 2013 by Executive
Lead member: Executive Member for Housing, Executive Member for Policy & Resources
Lead director: Martyn George, Andrew Wannell
Contact: Martyn George, Director of Community Email: mgeorge@fareham.gov.uk, Andrew Wannell, Chief Executive Officer Email: awannell@fareham.gov.uk Tel: 01329 824620.
About the Council
Benefits
Bereavement
Business
Clean & Tidy
Council Tax
Grants
Have your say
Housing
Jobs
Leisure
Licensing & Inspections
Parking & Traffic
Planning & Building Control
Safety
Waste Collection
