Decision details

D Hall presented the draft West Norfolk Housing Company Business Plan for the Committee’s consideration and comment. 

Points were raised on the draft by way of amendment:

·       The Company is to support the council in developing its housing goals.

·       Distinction between the 2 companies – the WNHC – not for profit to meet the housing objectives of the council, not revenue generating but assisting in the reduction of spend on B&B and temporary housing for the homeless, but must be financially sustainable.

·       The Social value of the company needed to be demonstrated.

RESOLVED:   That the draft West Norfolk Housing Company Business Plan be endorsed.

Reason for Decision

To enable the Committee to consider and endorse the proposed Business Plan.