Agenda and minutes
Housing Investment Group
Wednesday 6 August 2014 2.00 pm

Venue: Committee Room 4, City Hall, The Queen's Walk, London, SE1 2AA. View directions

Contact: David Pealing, Board Coordinator; Telephone: 020 7983 5525; Email:  [email protected] 

Items
No. Item

1.

Apologies and Chair's Announcements

Minutes:

1.1  There were no apologies for absence.

2.

Declarations of Interest

The Chair to invite Group members to declare any interests which they may have in any of the items set out on the agenda.

 

[Note: In accordance with the GLA’s Code of Ethics for staff, officers must make a declaration of interest on any issue on which they are advising the Mayor which affects an interest held by them - or any person related to them or with whom they have a close personal relationship whether financial or otherwise - and ensure that the details are recorded in the Authority’s Register of Interests.]

 

Minutes:

2.1  There were no declarations of interest.

3.

Blackwall Reach Presentation

Minutes:

3.1  The Group received a presentation updating Members on the Blackwall Reach project.  The following stakeholder representatives were present:

 

·  Tina Khakee, Swan Housing Association;

·  Geoff Pierce, Swan Housing Association;

·  Nick Phillips, Metropolitan Workshop;

·  David Pritchard, Metropolitan Workshop; and

·  Jackie Odunoye, London Borough of Tower Hamlets.

 

3.2  Members heard that the project was progressing well, with phases 1a and b nearing completion, which included the relocation of the mosque.

 

3.3  The Group were told that given current funding, the peak debt of the project was high, and thus it would be difficult to accelerate works ahead of the current 2024 projection without additional funding from the current Estates Regeneration Funding Round. It was noted that a bid was currently being prepared.  Work was ongoing to prevent absorption issues, but it had not to date been a major factor in the speed of development.

 

3.4  DECISION:

 

  That the presentation on Blackwall Reach, and the subsequent discussion, be noted.

 

4.

Minutes of Previous Meetings of the Group (Part Reserved) pdf icon PDF 86 KB

The Group are recommended to approve the minutes of the meetings of the Group held on 27 June 2014 and 3 July 2014.

Additional documents:

Minutes:

4.1  Following the decision made by the Group at its 3 July 2014 meeting, the Assistant Director – Strategic Projects and Property provided an oral update on the Ford-owned former Dagenham Stamping and Tooling Operations (DSTO) site.

 

4.2  DECISIONS:

 

a)  That the oral update on the Ford Dagenham site be noted; and

 

b)  That the minutes of the meetings of the Group held on the 27 June 2014 and 3 July 2014 be agreed.

 

5.

Affordable Housing Quarterly Update pdf icon PDF 69 KB

Additional documents:

Minutes:

5.1  The Group received a quarterly update on outturn against the Mayor’s Affordable Housing targets.

 

5.2  During discussion, it was noted that the numbers in table two are projecting to target. At present in excess of 55,000 homes were contracted to deliver within the timescale of that target.

 

5.3  DECISION:

 

  That the outturn on housing programmes until the end of June 2014 be noted.

 

6.

Development Sites Status (Part Reserved) pdf icon PDF 53 KB

Minutes:

6.1  The Group received a report updating Members on the status of GLAP-owned sites.

 

6.2  Members welcomed the new format of the report, which covered the status of every developable site in the GLAP portfolio.  It was clarified that no currently undevelopable site would likely become developable in future, and that therefore disposal would be the preferred route for those sites.

 

6.3  During discussions, Members heard that a method of incorporating slippage against original targets into the update would be investigated ahead of the next report coming to HIG in December 2014, and that a report on the GLA’s Single Property Unit (SPU) would be brought to a future meeting of the Group.

6.4  DECISIONS:

 

a)  That a report on the work of the Single Property Unit be brought to a future meeting of the Group;

b)  That the status report on development sites be noted; and

c)  That a further development site status report be brought to the December meeting of the Group.

 

7.

RE:NEW Programme Update pdf icon PDF 70 KB

Additional documents:

Minutes:

7.1  The Group received an update on the Mayor’s home retrofit programme, RE:NEW.

 

7.2  Members heard that different landlords would require different levels of support based on their size and capacity and that this would be managed by tailoring support offered by the RE:NEW Support Team to the individual organisation’s needs.

 

7.3  Any risks or benefits associated with euro-to-pound sterling exchange rates have been, and will continue to be, closely monitored.

 

7.4  More detail on the savings demonstrated at paragraph 5.5 of the report would be provided in the form of an oral update at the next meeting of the Group.

 

7.6  DECISIONS:

 

a)  That the report be noted;

b)  That an oral update on the calculation made at paragraph 5.5 of the report be provided at the September meeting of the Group.

 

c)  That a detailed update on progress in the programme be provided to the February 2015 meeting of the Group.

 

8.

Date of Next Meeting

The next scheduled meeting of the Group is 10 September 2014 at 10.00 am in Room 8.7, City Hall.

Minutes:

8.1  The next scheduled meeting of the Group is 10 September 2014 at 10.00 am in Room 8.7, City Hall, The Queen’s Walk, London SE1 2AA.

 

9.

Any Other Business the Chair Considers Urgent

Minutes:

9.1  There were no items of urgent business.