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Approved that the Council
undertakes a comprehensive and rolling review of existing Council
residential assets with the objective of delivering mixed tenure
developments, an overall net increase in affordable homes and
improving the condition of existing stock in the Borough under the
name "Housing Our Greenwich" ("the Review"), through which the
Council shall:
 

•        establish an
Estate Regeneration Board (with advisory functions only) to be
chaired by the Deputy Director for Regeneration and Property and
develop appropriate reporting and oversight arrangements to take
forward the Review and make recommendations to Cabinet;

•        allocate
appropriate staff and internal resources to undertake the
Review;

•        develop a
Housing Our Greenwich Social Value Policy specifically so as to ensure that the Council and affected third
parties will benefit from the Housing Our Greenwich Strategy. The
draft policy will be brought to Cabinet for approval;

•        engage with
interested and affected third parties within the community and
other stakeholders as part of the Review;

•        identify
appropriate sites for development/regeneration and where
information is of sufficient detail, to participate in the
‘Call for Sites’ during the new Local Plan
process.

•        undertake
appropriate feasibility studies as part of the Review;

•        engage with
third parties including developers and/or Registered Provider (RP)
partners and assess the financial implications of the Housing Our
Greenwich programme, and identify and source the availability of
external funding which will be available to support implementation;
and

•        prepare a
Business Case(s) following the Review with a view to setting out a
proposed programme for Housing Our Greenwich and the regeneration
of estates and making recommendations to Cabinet.
 
Noted that the financial and
resource requirements to facilitate the Review was set out as part
of the HRA MTFS Rent Setting Report which went to the Cabinet
meeting of 21 February.
 
Delegated to the Director of
Regeneration, Enterprise and Skills the
authority to:
 
procure and appoint third parties to support and facilitate the
Review (utilising the financial resources allocated to the Review
by Cabinet) and assist in preparing the relevant Business Case(s)
and enter into contracts with those
third parties in accordance with the Council's Contract Standing
Orders and taking into account the Council's social value
objectives in doing so.