Social Housing Schemes: Funding

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A decision made 17 April 2012:

Decision Reference: MD-TR-2012-0042
Decision Summary Title:	Social Housing schemes: Funding		Date of Decision Summary:	16 April 2012
Decision Summary Author:	Head of Decision Support		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title:	Social Housing schemes: Funding		Date of Written Report:	16 April 2012
Written Report Author:	Head of Decision Support		Written Report : Public or Exempt?	Public
Subject: Lodge au Greffe Social Housing schemes: Funding.
Decision(s): The Minister decided to lodge ‘au Greffe’ Social Housing schemes: Funding with a request for debate in the States at the earliest opportunity.
Reason(s) for Decision: To enable the R&P Social Housing schemes: Funding to be lodged ‘au Greffe’ with a request for debate in the States at the earliest opportunity.
Resource & Manpower Implications: These proposals will allow much needed housing schemes to be progressed at a time when there is significant capacity within the industry, so keen tender prices can be expected. These schemes will also support the States initiative to keep islanders in work and will provide significant private sector employment which may well avoid increased benefit payments and may increase tax receipts. It is likely that the Department will need to take on additional manpower in the short-term for the management of these projects to ensure that they are progressed quickly. This may be resourced from the private sector or two short-term contracts may be required. The Expenditure Approval for the Social Housing Programme will increase in 2012 from £10,804,000 to £37,904,000. The forecast balance on the Consolidated Fund will also reduce by £27.1 million once all the projects have commenced.
Action required: Forward the attached Report and Proposition to the Greffier of the States and request that the projet be lodged ‘au Greffe’ for consideration by the States at the earliest opportunity.
Signature:		Position: Senator P F C Ozouf, Minister for Treasury and Resources
Date Signed:		Date of Decision: