Decision details

MMC Homebuilding Ltd. Lease Agreement

Decision Maker: Executive Director: Growth and Regeneration

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

This decision is made in accordance with The Project 1000 Affordable Housing Delivery Plan 2022-25 and outlines how the council will focus its land, time, money, and influence to improve the way affordable housing is delivered in Bristol. There is a specific reference in the Cabinet Report that was approved to ‘temporary accommodation to address homelessness’ which applies to this officer executive decision.
The council’s ambition is to work with partners, local communities and developers to deliver 1000 new affordable homes each year by 2024.
To develop this plan, we have reviewed the successes and challenges of previous housing projects in Bristol. We will use these experiences to determine how we can support the affordable homes that the city needs.

Decision:

Approval to enter into 6 separate lease agreements with the MMC Homebuilding for the development of 6 new homes across 6 HRA sites. Each completed property is to be leased back to the council for use as Temporary Accommodation.

Alternative options considered:

Option 1 - The alternative is to sell the sites, but this is likely to result in a lower level of “genuinely affordable” homes being delivered.

Publication date: 27/11/2023

Date of decision: 22/11/2023