Issue - meetings

Report of the Corporate Director (Housing and Communities) on the function of director appointments to the council’s Shareholders’ Group (SG) for Now Housing Limited.

Cabinet delegated authority to the Shareholders Group for Now Housing Limited, to appoint directors to the Now Housing Limited Board, in consultation with the Leader and Executive Member, Housing and Climate Change.

Report of the Corporate Director (Housing and Communities) on the function of director appointments to the council’s Shareholders’ Group (SG) for Now Housing Limited.

(1)       The Decision Taken

RESOLVED:

(unanimous)

That Cabinet delegates authority to the Shareholders Group for Now Housing Limited, to appoint directors to the Now Housing Limited Board, in consultation with the Leader and Executive Member, Housing and Climate Change.

(2)       Reasons for the Decision

The recommendation is for Cabinet to delegate the function of director appointments to the council’s Shareholders’ Group for Now Housing Limited. The Shareholders’ Group comprises members of the Corporate Management Team and includes the Head of Housing Operations as the housing adviser to the Shareholders’ Group.

Now Housing Limited is the council-owned housing company set up following Cabinet approval in January 2019 with the aim of helping to meet local housing need.

The current governance arrangements provide that any directors to Now Housing Limited are to be appointed by Cabinet, however the Shareholders’ Group recognised that for the business to progressed director appointments needed to be made swiftly.