Agenda and draft minutes

Ownership and Stewardship Cabinet Advisory Panel - Wednesday 29 September 2021 6.00 pm

Venue: Microsoft Teams

Contact: Wayne Chandai, Democratic Services,  020 7926 0029, Email: wchandai@lambeth.gov.uK

Items
No. Item

1.

Declaration of Pecuniary Interests

    Under Standing Order 4.4, where any councillor has a Disclosable Pecuniary Interest (as defined in the Members’ Code of Conduct (para. 4)) in any matter to be considered at a meeting of the Council, a committee, sub-committee or joint committee, they must withdraw from the meeting room during the whole of the consideration of that matter and must not participate in any vote on that matter unless a dispensation has been obtained from the Monitoring Officer.

     

     

    Minutes:

    There were none.

2.

Minutes , 06/07/2021 Ownership and Stewardship Cabinet Advisory Panel pdf icon PDF 28 KB

    Minutes:

    That the minutes of the previous meeting held on 06 July 2021 be approved as a correct record of proceedings.

3.

Progress Report pdf icon PDF 1 MB

    Minutes:

    Officers introduced the progress report and provided the panel members with updates on the build programme, programme finance, housing

    management, resident engagement and health, equalities and vulnerability

    work.

     

    In response to panel members questions, it was highlighted that:

     

    ·         The increase in land value return demonstrated that Homes for Lambeth (HfL) achieved value for money. In addition to this, sales revenue would be presented in due course on building prices and sales prices.

    ·         HfL homes were regulated by The Regulator of Social Housing, they had requirements for Registered Providers to demonstrate value for money.

    ·         Financial risks that were frequently assessed included rising building material and labour costs due to Brexit. As well as the possibility of the London housing market collapsing.

    ·         HfL compared very well with equivalent Council owned development companies and the progress made was something to be proud of.

    ·         HfL conducted quarterly resident satisfactory surveys, which would be reviewed in order to gain feedback from all aspects of the programme.

    ·         HfL were working with partners across the borough to provide employment opportunities.

     

    In a further discussion it was noted that a separate meeting was to be scheduled in order to identify improvements on the current Equalities Impact Assessment (EQIA) and Health Impact Assessments templates. It was noted that the programme was working with Black Thrive in regard to mental health and how they could further support the programme going forwards.

     

    Panel members requested that the next meeting included a sustainability update which would report on how Lambeth were meeting carbon targets for the programme. Furthermore, to present challenges that the programme had encountered.

     

    Officers were thanked for the work they had achieved so far which demonstrated that Lambeth and HfL were working collaboratively in order to provide an efficient, effective programme for Lambeth residents.

     

    The report was noted.