Decision details

RESOLVED:

1.  That the following be approved:

·  the exploratory work to provide an innovative solution to develop ‘in house’ construction development capacity within Southwark and for cabinet to receive a report on the options by April 2019

·  further development work to find a suitable site to develop a community land trust (CLT) in Southwark

·  that a programme wide approach is adopted to maximise the proportion of council homes at council rents, with sufficient flexibility for a sales element to support the viability of the programme, depending on the overall financial envelope. Developments on council housing land will have at least 50% council rented homes and ensure a right to return for council tenants and resident leaseholders so local people can stay in the borough they call home

·  That cabinet receive a general update report by April 2019. 

2.  That the following be noted:

·  the progress at September 2018 on the new build programme and the interim target to deliver 2500 homes by the end of 2022 as part of the longer term commitment to deliver 11,000 council homes by 2043

·  that the success of this programme is subject to a holistic, planned, managed and executed delivery programme that focuses on providing quality homes expediently

·  a robust borough wide capacity study is underway to provide a future pipeline to deliver the above aims

·  a renewed design approach as outlined in paragraphs 34-36 of the report

·  the detailed communications and engagement strategy outlined in paragraphs 30-33 of the report

·  the funding position and the bid for GLA funding and additional borrowing headroom to enable the delivery of the first 2500 homes

·  the establishment  of a new member led steering group to oversee the strategic delivery of the development programme.