The Cabinet Member:
1. Approved a grant of £6.385m to Medesham Homes LLP, funded from Right to Buy Receipts, and S106 receipts to enable the provision of 42 affordable homes in Peterborough
2. Delegated authority to the Head of Sustainable Growth Strategy to replace some of the Right to Buy Receipts with S106 Affordable Housing Commuted sums
3. Delegated to the Director of Law and Governance the authority to finalise and put in place any agreements and legal documentation necessary to give effect to these proposals, in consultation with the Corporate Director of Growth and Regeneration and the Acting Corporate Director, Resources.
Decision type: Key
Reason Key: Expenditure or savings greater than £500,000;
Decision status: Recommendations Approved
Wards affected: Bretton;
Notice of proposed decision first published: 22/06/2018
Anticipated restriction: Part exempt - View reasons
Explanation of anticipated restriction:
The decision will include a Business Case which will contain relevant financial information. The public interest in not disclosing this information will outweigh its disclosure as any disclosure would prejudice the commercial interests of the Council or its partners
Decision due: Not before 17th Dec 2018 by Cabinet Member for Resources
Lead member: Cabinet Member for Resources
Lead director: Adrian Chapman
Department: Corporate Services
Contact: Adrian Chapman, Service Director Community & Partnerships and Deputy Director: People and Communities (Peterborough) Tel 01733 863887 Email adrian.chapman@peterborough.gov.uk adrian.chapman@peterborough.gov.uk Tel: 01733 863887.
Consultation process
The issues associated with homelessness in Peterborough have been subject to significant discussion in various forums, including the Council's Adults and Communities Scrutiny, Cabinet and Full Council
Relevant Scrutiny Committee: Growth, Environment and Resources