Agenda and minutes
PDF 45 KBVenue: held remotely via video-conference
Contact: Dwynwen Jones
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Apologies Minutes: Councillors Peter Davies MBE and Endaf Edwards apologised for their inability to attend the meeting. |
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Disclosures of personal interest (including whipping declarations) Members are reminded of their personal responsibility to declare any personal and prejudicial interest in respect of matters contained in this agenda in accordance with the provisions of the Local Government Act 2000, the Council's Constitution and the Members Code of Conduct. In addition, Members must declare any prohibited party whip which the Member has been given in relation to the meeting as per the Local Government (Wales) Measure 2011. Minutes: None. |
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Minutes: Consideration was given to the Report upon A Vision towards creating a pathway to Home Ownership for the Younger Generation of Ceredigion by the Independent Group. The Chairman had requested that the matter be considered due to the economic situation facing young people in Ceredigion and the lack of opportunities to be able to purchase their first home. It was reported that the Independent Group had developed a proposal for the Corporate Resources Overview and Scrutiny Committee to consider and create a pathway to home ownership for young people. A report by the Independent Group outlining ‘A Vision towards creating a pathway to home ownership for the younger generation of Ceredigion’ was presented. It was reported that a request had been made for data to support the paper and this information was also presented. There was evidence to show that the economy in Ceredigion means that there are limited opportunities for young people to be able to purchase a first home. It was reported that this proposal aims to provide a scheme that would support young people to be able to purchase their first home. The Committee was requested to consider the report and the proposals contained, with the view of requesting a further report from Officers regarding its viability. If there was agreement to request Officers to consider the viability of the proposals, it was proposed that a further report would be considered by the Committee on 13th January 2022, subject to Officers being able to consider the proposal to meet that timeline. The Committee were supportive of the proposal and all recognised the need to develop a scheme that would support and enable young people to purchase their first property that would also benefit the County’s economy and culture. Following questions and comments from the floor, it was unanimously AGREED:- (i) that the ‘Vision towards creating a pathway to Home Ownership for Younger Generation of Ceredigion’ was supported and passed to Officers to work up the viability of the scheme; (ii) that following consideration of the scheme, Officers revert to the committee with their recommendations; (iii) if the scheme was ultimately approved by Cabinet/Council, the preferred funding option was to be modelled into the annual budget setting. |