Posts Tagged 'Brighton & Hove Seaside Community Homes'

Major new investment in Brighton & Hove council homes

I was delighted to be able to announce at last week’s Cabinet meeting that Brighton & Hove City Council and Brighton & Hove Seaside Community Homes (BHSCH) have agreed a funding facility of £30 million from Santander to invest in the council’s housing.

BHSCH, a registered charity, will use the money to bring 499 council homes up to 21st century standards.  We are transferring the homes to BHSCH on a long lease so are not giving up the freehold and are hoping that work will start on the homes in the late spring.  Homes in disrepair and long-term empty homes and flats, which have not received investment, will be prioritised.  Larger houses used as temporary accommodation will be converted into modern flats and all of the homes will be let at affordable rents to families and others in housing need in the city.

This is something which I have been personally driving forward for some time now and I am delighted that the deadline which I set for the end of the financial year 2010/11 has been met. When we took over the Administration of the Council in 2007 we were left with, frankly, a mess by the previous Labour Administration. Their push for stock transfer had been resoundingly rejected by the tenants and there was no Plan B in place to plug the funding gap to meet the Decent Homes Standard.

Since then, we have worked long and hard, in close partnership with the tenants and leaseholders, to bridge that investment gap. Firstly,we let a  new long-term maintenance contract which will save approximately £150 million over 30 years and now we have successfully established BHSCH to deliver further investment.

I believe that housing has been one of the major success stories of the last 4 years and the investment is starting to make a real difference to tenants’ lives. If the Conservatives are re-elected in May it will continue to be one of my top priorities.

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