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Issue details

Grant Funding from Homes England to support the Council's Stock Increase Programme

To continue to access grant funding from Homes England (via the National Affordable Homes Programme), the Council needs to enter into a new Grant Funding Agreement.

 

To seek the necessary Executive approvals to enable the Council to enter into a Grant Funding Agreement with Homes England in relation to the Affordable Homes Programme (AHP) 2021-2026, and to accept the first grant payment of c£654k.

 

 

 

Decision type: Key

Reason Key: Expenditure/savings > £500,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 17/03/2022

This decision will be taken under urgency procedures.

Reason for urgency:
Failure to sign up to the Grant Agreement in a timely way could put the current offer of grant funding (totalling £654,098) from Homes England at risk (grant needs to be accepted within the same quarter that the project(s) complete).

The Government’s Affordable Housing Programme provides an opportunity to attract significant Government investment into the City to support the delivery of the Council’s Stock Increase Programme. Entering in to the Grant Agreement enables the Council to continue to positively progress discussions with Homes England on potential future bids.

Scrutiny Committee: Overview and Scrutiny Management Committee;

Decision due: Not before 15 Apr 2022 by Leader of the Council

Lead member: Executive Member for Housing, Roads and Waste Management

Lead director: Executive Director, Operational Services

Department: Place

Contact: Michael Hellewell Email: michael.hellewell@sheffield.gov.uk Tel: 07760997725.

Date agenda documents available: 17/05/22

Decisions

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