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Decision details

The Strategic Business Case for a Local Housing Delivery Company

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Sets out for approval the strategic business case to establish a new Local Housing Company, which will develop new homes in the city

Decision:

1.         Approved the strategic business case, appended to this report, in favour of the establishment of a wholly owned local housing delivery company with initial projects being undertaken through joint venture(s) with external partners, subject to detailed business planning.

 

2.         To commence detailed business planning as described in paragraph 8 for the establishment of the company to contribute toward delivering housing in the city as set out in this report, for further consideration by Cabinet.

 

3.         Approved expenditure of £250,000 in 2017/18 to undertake the work set out in 2. above.

 

4.         Noted that consideration of the incorporation of the new entity into the Bristol Holding Company’s legal structure will form part of the detailed business planning.

 

 

Report author: Nick Hooper

Publication date: 07/03/2017

Date of decision: 07/03/2017

Decided at meeting: 07/03/2017 - Cabinet

Effective from: 15/03/2017

Accompanying Documents: