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Local Housing Company Strategic Business Case

Meeting: 07/03/2017 - Cabinet (Item 9.)

9. The Strategic Business Case for a Local Housing Delivery Company pdf icon PDF 121 KB

To approve the strategic business case in favour of the establishment of a wholly owned local housing delivery company. 

Additional documents:

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.