To consider and comment on the proposals for a Central Bedfordshire Housing Development Company and provide recommendations to the Executive.

The Director of Community Services delivered a presentation that outlined the current thinking and proposals to create a Housing Development Company and potentially supply the current housing market with an element of affordable houses.  The risks to the Council and governance concerns were raised, however, the proposals were welcomed by the Committee.

RECOMMENDED that:-

1.    The proposals for a Council owned Housing Development Company be supported.

2.    the Executive report be considered by the Committee for comment in November 2018.