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: