Issue details

Future Housing Regeneration Funding Options and Medium Term Council Housing Rent Policy

To consider options for funding the Housing Regeneration priorities and setting a medium term council housing rent policy. Members have reaffirmed that the strategic housing regeneration priorities for the foreseeable future are:

 

(a)   To increase the supply and delivery of affordable housing schemes.

(b)   To complete existing unfinished schemes in the West End (the completion of outstanding housing regeneration projects at Chatsworth Gardens and Marlborough Road/Bold Street).

(c)   To bring empty properties back into use.

 

The use of the Housing Revenue Account to facilitate housing regeneration will require the setting of a sustainable medium term council housing rent policy and decisions on current council housing stock requirements versus development of new schemes.  The report will outline what investment opportunity could be generated based on different levels of rent increases.

Decision type: Key

Reason Key: Financial and Community Impact;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Decision due: 4 September 2012 by Cabinet

Lead member: jhanson@lancaster.gov.uk, Councillor Karen Leytham kleytham@lancaster.gov.uk

Department: Regeneration and Planning

Contact: Andrew Dobson, Chief Officer (Regeneration and Planning) Email: adobson@lancaster.gov.uk Tel: 01524 582303, Suzanne Lodge, Senior Chief Officer Email: SLodge@lancaster.gov.uk Tel: 01524 582701.

Consultation process

Comments to Head of Regeneration and Planning or Head of Health and Housing.

Consultees

Head of Regeneration and Planning
Head of Health and Housing
Head of Financial Services

Housing Regeneration Cabinet Liaison Group

Date for representations to be received: 31 July 2012

Background papers and reason no public access: None

Agenda items

Documents

  • Funding of Housing Regeneration Priorities