Issue - meetings

This report provides an update on the Council Newbuild Housing and Acquisition Strategy established in 2021 and sets out the priorities for delivering more Council owned homes of all tenures.

It includes the acquisition of the Harbour Sail, a 12-storey high-rise building in Poole, under the Council's New Build Housing and Acquisition Strategy (CNHAS) Programme 4a (subject to satisfactory warranties and no incumbrance to lettings). The building comprises 32 leasehold flats currently owned by Stonewater Limited. The acquisition is intended to provide temporary accommodation as part of the Council’s broader housing strategy.

The Portfolio Holder for Housing and Regulatory Services presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'J' to these Minutes in the Minute Book.

Cabinet was advised that the report provided an update on the Council Newbuild Housing and Acquisition Strategy established in 2021 and sets out the priorities for delivering more Council owned homes of all tenures.

In relation to this Cabinet was informed that the report includes the acquisition of the Harbour Sail, a 12-storey high-rise building in Poole, under the Council's New Build Housing and Acquisition Strategy (CNHAS) Programme 4a (subject to satisfactory warranties and no incumbrance to lettings), and that the building comprises 32 leasehold flats currently owned by Stonewater Limited.

Further to this Cabinet was advised that the acquisition is intended to provide temporary accommodation as part of the Council’s broader housing strategy.

The Chair of the Overview and Scrutiny Board addressed the Cabinet advising that at the meeting the previous evening the Board following robust discussion had supported the recommendations within the report.

RECOMMENDED that Council: -  

I.                  approve the Acquisition of Harbour Sail including 32 leasehold flats for temporary affordable housing in accordance with the budget outlined in the exempt report attached at Appendix 4;

II.                  approve to proceed with the acquisition and delivery of 16 homes by March 2026 under the LAHF3 programme; and 

III.                  approve the delegation to the Chief Operations Officer in consultation with the Director of Finance and the Director of Law & Governance of authority to enter contracts related to activity set out in this report.? 

It is RECOMMENDED that Audit and Governance Committee recommend to Council:

(d)          Increasing the authorised borrowing limit of the Council to accommodate the budget set out in the exempt report at Appendix 4 for the purchase of Harbour Sail.

Voting: Unanimous

Portfolio Holder: Housing and Regulatory Services

The Portfolio Holder for Housing and Regulatory Services presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'J' to these Minutes in the Minute Book.

Cabinet was advised that the report provided an update on the Council Newbuild Housing and Acquisition Strategy established in 2021 and sets out the priorities for delivering more Council owned homes of all tenures.

In relation to this Cabinet was informed that the report includes the acquisition of the Harbour Sail, a 12-storey high-rise building in Poole, under the Council's New Build Housing and Acquisition Strategy (CNHAS) Programme 4a (subject to satisfactory warranties and no incumbrance to lettings), and that the building comprises 32 leasehold flats currently owned by Stonewater Limited.

Further to this Cabinet was advised that the acquisition is intended to provide temporary accommodation as part of the Council’s broader housing strategy.

The Chair of the Overview and Scrutiny Board addressed the Cabinet advising that at the meeting the previous evening the Board following robust discussion had supported the recommendations within the report.

RECOMMENDED that Council: -  

I.                  approve the Acquisition of Harbour Sail including 32 leasehold flats for temporary affordable housing in accordance with the budget outlined in the exempt report attached at Appendix 4;

II.                  approve to proceed with the acquisition and delivery of 16 homes by March 2026 under the LAHF3 programme; and 

III.                  approve the delegation to the Chief Operations Officer in consultation with the Director of Finance and the Director of Law & Governance of authority to enter contracts related to activity set out in this report.? 

It is RECOMMENDED that Audit and Governance Committee recommend to Council:

(d)          Increasing the authorised borrowing limit of the Council to accommodate the budget set out in the exempt report at Appendix 4 for the purchase of Harbour Sail.

Voting: Unanimous

Portfolio Holder: Housing and Regulatory Services