Issue - meetings

In November 2019 Wycombe District Council’s Cabinet approved a request to grant fund Paradigm Housing (A Registered Provider of Housing- RP) £800,000 to develop 35 additional affordable rented homes at the former ‘Needham Bowl’ site in High Wycombe.  These units will be in addition to the planning policy requirement of 24 units, and secured using a Section 106 planning agreement. In total there will be a total of 59 affordable homes on the site.  These additional units will be subject to formal nomination rights in perpetuity on behalf of the Council and may be offered to eligible residents on the Bucks Home Choice waiting list.  This report seeks approval from the Shadow Executive for approval, as per the Spend Protocol.

RESOLVED:

That the Shadow Executive endorse the November 2019 decision of Wycombe District Council’s Cabinet to award funding of £800,000 to Paradigm Housing Association on the terms set out in paragraph 7 of the report.

A Macpherson left the meeting for item 14b as she had declared an interest in one housing providers.

Discussions took place in a private session in order for the Executive to consider confidential and commercially sensitive information.

RESOLVED:

1. That the Shadow Executive endorses the November 2019 decision of Wycombe District Council’s Cabinet to award funding of £800,000 to Paradigm Housing Association on the terms set out in paragraph 7 of the report.