Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: November 3, 2025

Purpose: To enable the acquisition of a site in Fareham Park area, which will assist the Council in meeting its affordable housing need.     An opportunity has arisen for the Council (in its role as housing provider) to seek to acquire a site in the Fareham Park area.  The site is well located and suited to provide a redevelopment opportunity, providing much needed affordable homes.    This proposal supports the Council’s priority to provide housing choices.

Content: RESOLVED that the Executive:   (a)  agrees, in principle, that the Council seek to acquire the site as set out in the Confidential Appendix to the report; and   (b)  delegates authority to the Director of Housing and Health, following consultation with the Executive Member for Housing, to agree the final acquisition cost and terms of purchase, subject to the purchase being within affordable levels.