To consider a capital allocation of £2.7m that will deliver a range of high-quality new affordable homes across the borough in partnership with various housing associations, as part of the council’s capital budget strategy for 2009/10 to 2011/12 and to note that confirmation of the level of HCA funding is still outstanding and once known may require a revision of the recommended allocations.

That an allocation of £2.7m towards the cost of proposed schemes (as outlined in the Part II appendix of the report of Corporate Management Team) in order to provide a range of new, high quality affordable housing schemes across the borough, in partnership with various housing associations until 2011/12, subject to the relevant planning permission being granted (where applicable), be agreed.

Meeting and discussion with Cabinet Member for Regeneration, Chief Finance Officer, Assistant Director of Development and Community Strategy, Director for Prosperity and Regeneration.