Decision details

Purchase of the extended and refurbished home at 74 and 74a Foxwell Drive

Decision Maker: Chief Executive

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

At its meeting on 13 April 2022, Cabinet resolved to:

1.      Delegate authority to the Executive Director for Development,in consultation with the Executive Director for Communities and People; the Cabinet Member for Planning and Housing Delivery; the Head of Financial Services/ Section 151 Officer; and the Head of Law and Governance,to approve and facilitate the sale of the council owned site, to facilitate the OCHL development and the subsequent acquisition of affordable dwellings by the HRA, within this project approval for Mill Lane, Marston;

2.      Delegate authority to the Executive Director for Communities and People,in consultation with the Cabinet Member for Affordable Housing, Housing Security and Housing the Homeless; the Head of Financial Services/ Section 151 Officer; and the Head of Law and Governance,to enter into agreements and facilitate the agreed purchase by the HRA of all the affordable housing units from OCHLwithin this project approval, for Mill Lane, Marston and the extensions;

3.      Delegate authority to the Executive Director for Development, in consultation with the Cabinet Member for Planning and Housing Delivery; the Head of Financial Services/Section 151 Officer; and the Council’s Monitoring Officer, to enter into funding and other necessary agreements for the purpose of delivery affordable housing through the Oxfordshire Housing and Growth Deal programme, within identified budgets, for the Gibbs Crescent scheme listed in the report;

4.      Delegate authority to the Executive Director for Communities and People,in consultation with the Cabinet Member for Affordable Housing, Housing Security and Housing the Homeless; the Head of Financial Services/Section 151 Officer; and the Council’s Monitoring Officer, to enter into funding and other necessary agreements for the purpose of delivery of affordable housing with Homes England;

5.      Delegate authority to the Executive Director for Communities and People,in consultation with the Cabinet Member for Affordable Housing, Housing Security and Housing the Homeless; the Head of Financial Services/ Section 151 Officer; and the Head of Law and Governance,to enter into agreement and facilitate the agreed purchase by the HRA of the affordable housing units, from OCHL, referenced at paragraphs 16 to 20 of this report, at a cost that exceeds the usual financial parameters for the HRA in respect of the 5 properties listed in Table 3, within further information provided in the confidential Appendix 2, to ensure units remain at Social Rent, within overall budget envelopes for affordable housing buy-backs.

Decision:

To authorise the purchase, by way of transfer, of the completed property and refurbished home at 74 and 74a Foxwell Drive, resulting from the Oxford City Housing Development Ltd Extensions Programme, for a total of £700,000.

Reasons for the decision:

The decision supports the delivery of the Council’s overall Affordable Housing provision.

Alternative options considered:

Not to transfer the properties would represent a missed opportunity to deliver affordable housing and support the delivery of the OCHL business plan.

Signed off by senior officers:

Decision taken by Caroline Green, Chief Executive in consultation with Nigel Kennedy, Head of Financial Services; Rhian Davies, Interim Head of Law and Governance; and Councillor Linda Smith, Cabinet Member for Housing.

Publication date: 08/06/2023

Date of decision: 07/06/2023

Effective from: 13/06/2023

Accompanying Documents: