On Tuesday October 1, the Milton Keynes Council Cabinet will agree 3 options to go forward to a ballot on Fullers Slade.
Cabinet Member for Housing, Cllr Nigel Long, is recommending to residents that option 3 offers the best way forward to deliver estate improvements, an improved environment and a new community and children’s centre.
This will see the Council investing £84 million from the Council’s Housing Account in Fullers Slade improvements.
Option 3 means:
- Refurbishment of 220 Council houses to a higher than ‘Decent Homes’ standard.
- 58 new Council houses to replace properties that are no longer improvable.
- 188 ‘truly affordable’ new homes (mix to be defined).
- 105 new private homes for sale.
- 18 new replacement private homes for people currently homeowners.
Cllr Long said: “I am strongly backing option 3 put forward by the residents of Fullers Slade. Not only will it address the housing improvement challenges, but it will see:
- Extension of the spider park
- New roads and pavements
- Improved refuse facilities
- Improved landscaping
- A new family/nursery centre around a re-modelled core to the estate.”
The Council has evaluated the affordability of the options and the value for money of each option.
The cost to the Council’s Housing Account of option 3 is estimated to be £84 million. This cost will be included in the HRA Business Plan that covers the next 30 years. The surplus on that account in 30 years is predicted to be £277 million after the cost of Fullers Slade regeneration.
Cllr Long added: “We have looked at the options and option 3 seems the best way forward. It delivers value for money whilst it is affordable to the Council’s Housing Account. I believe it will deliver improvement to existing housing, provide a mix of new housing as well as improved local facilities and an enhanced estate layout.”
The ballot will take place on the 29th and 30th November. The aim is to get a high turnout.
The ballot has been triggered because 60% of the 363 households within the red line that defines the regeneration area have been consulted. The wider Residents’ Association has also been consulted as have community stakeholders such as local businesses.
Cllr Long concluded: “I strongly support the option number 3 that has been developed by residents. They have put in time and effort above the call of duty. I hope that the whole community will vote for it. Then the hard work will start. The Council will support the residents to oversee the implementation of the refurbishment, new housing and the estate-wide improvements and new facilities. I urge residents to vote for option 3.”