Decision details

Priority Worker Help to Buy Scheme

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decision:

Resolved:

 

That Cabinet:

 

1.     Agrees to further explore the setting up of a Priority Worker Help to Buy (PWHTB) Scheme on the basis set out in paragraph 2 of the report, subject to compliance with the financial principles set out in paragraph 4.10 of the report;

 

2.     Notes the observations made by the Resources and Fire and Rescue Overview and Scrutiny Committee and requests officers to continue to work with financial institutions to gather input as to how to further develop the final product to provide affordable help to priority workers who are or will be residents of Warwickshire; and

 

3.     Requests officers make a further report to Cabinet on the detail of the PWHTB at the appropriate time in line for the first Warwickshire Property and Development Group (WPDG) site specific development likely to apply PWHTB.

Report author: Reece Bowman, Chris Kaye

Publication date: 18/10/2021

Date of decision: 14/10/2021

Decided at meeting: 14/10/2021 - Cabinet

Accompanying Documents: