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Decision details
Approval of a Community-led Housing 2nd bidding round to be held in accordance with the Affordable Housing Funding Policy (AHFP) 2022-25.
Decision Maker: Executive Director: Growth and Regeneration
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
The Council has up to £5.4m of capital
funding to be allocated to support the delivery of affordable
housing in the City. The sites / projects identified for this 2nd
bidding round were instigated at a time when there was
significantly more funding available under the previous AHFP and
are relying on the Council for its funding support to secure the
delivery of the affordable homes. The Council is making the sites
available for these projects and is committed to supporting
delivery, subject to the terms of the AHFP being met.
Decision:
The Bristol City Council Affordable Housing
Funding Policy (AHFP) 2022-2025, supports the targeted offer of
capital funding for affordable housing delivery, with affordable
housing providers being invited to compete for funding through a
bidding round process. This decision approves a 2nd bidding round
for affordable housing capital funding to be made available for the
developers of the following projects:
Hillfields Park Community Centre - Hillfields Family
Alternative options considered:
Option 1 - Bids were submitted during the
initial The AHFP 2022- 2025 CLH bid round launched on 8 June 2022
but were unsuccessful. Officers and Cabinet members acknowledged
that the sites unsuccessful in this round were important and had
the potential to deliver much needed affordable homes in Bristol.
Officers recommended to offer a further opportunity for these CLH
providers to bid for funds in a second bidding round to be held at
the end of March 23.
Option 2 -
Option 3 -
Publication date: 23/01/2023
Date of decision: 18/01/2023