Decision details

Acquisition of 7x S106 units at Brockhampton Lane, Cheltenham, from Cotswold Homes

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Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decision:

To acquire 7x S106 units at Brockhampton Lane, Cheltenham, from Cotswold Homes. Heads of Terms are now agreed.

Reasons for the decision:

The acquisition of S106 dwellings supports CBC/CBH new supply plan aspirations to provide circa 350 new affordable homes in the coming years. There is already a budget allocation of £1.25m (approved by CBC’s Council and Cabinet in February 2019) to pursue S106 opportunities. In addition, a further budget to pursue S106 opportunities was approved via the Treasury Report to Full Council on 14^th October.

The opportunity at Brockhampton Lane will add to CBC’s affordable housing stock

Details of February 2019 decision: https://democracy.cheltenham.gov.uk/ieListDocuments.aspx?CId=143&MId=2890&Ver=4

Details of October 2019 decision: https://democracy.cheltenham.gov.uk/ieListDocuments.aspx?CId=143&MId=3006&Ver=4

Alternative options considered:

Should CBC not have submitted an initial bid, the S206 element of the scheme would have been secured by another RP.

Wards Affected: Swindon Village;

Other reasons / organisations consulted

Consultation has taken place between CBC and CBH officers, who are supportive of the properties being acquired. The scheme has also been agreed by the Cabinet Member Working Group and is now noted on the Outcomes Framework.

Consultees

We have consulted colleagues internally (lettings, housing management, planned maintenance) who are supportive of the proposals.

Contact: Dominic Stead 01242 264151.

Publication date: 11/03/2020

Date of decision: 20/02/2020