10. Proposed disposal of NNDC land for Affordable Housing
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Executive Summary |
This report sets out a proposal to dispose of two pieces of NNDC owned land in Edgefield and Mundesley for the development of affordable housing.
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Options considered
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- Retain sites – will not result in more affordable housing or a capital receipt for NNDC, and would mean ongoing costs for maintenance of the sites - Sell on the open market – unlikely to result in sale given the restrictions on the sites, unlikely to provide affordable homes - Dispose of sites to Registered Providers to deliver new affordable homes - recommended
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Consultation(s) |
District Councillor for Stody Ward District Councillors for Cromer Town Portfolio Holder for Housing and Peoples’ Services (and ward councillor for Mundesley Ward) Estates and Property Services
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Recommendations
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It is recommended that Cabinet: - Agree that the plots of land in Edgefield and Mundesley are surplus to requirements - That NNDC enter into an option agreement with Flagship Housing (subject to Planning Permission) for sale of the land in Mundesley to be developed for affordable housing. - That NNDC enter into an option agreement with Broadland Housing (subject to Planning Permission) for sale of the land in Edgefield to be developed for affordable housing.
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Reasons for recommendations
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The development of these pieces of land offers the opportunity to make better use of land to deliver badly nee
ded affordable homes and to reduce the current revenue liabilities ... view the full agenda text for item 10. |
Decision:
Decision
RESOLVED
- To agree that the plots of land in Edgefield and Mundesley are surplus to requirements
- That NNDC enters into an option agreement with Flagship Housing (subject to Planning Permission) for sale of the land in Mundesley to be developed for affordable housing.
- That NNDC enters into an option agreement with Broadland Housing (subject to Planning Permission) for sale of the land in Edgefield to be developed for affordable housing.
Reasons for the decision:
The development of these pieces of land offers the opportunity to make better use of land to deliver badly needed affordable homes and to reduce the current revenue liabilities at the sites.