WEST Lancashire Borough Council’s house building company Tawd Valley Developments Limited aims to become ‘outcome focused’ rather than ‘profit driven’ according to new business plans.
The council say the move was agreed in principle at a meeting of full council, following recommendations by a cross-party committee, although this has been disputed by the Our West Lancashire party.
According to the council, Tawd Valley Developments will now “seek to develop sites within West Lancashire with the fundamental aim of supporting the housing and economic needs of the residents of the borough whilst making financial returns for its shareholder, the council.”
It added that it would only undertake work in adjacent boroughs “for other local authorities or registered providers.”
The council say this approach also allows TVD to progress with Government funding bids such as the £945,000 recently awarded to support the delivery of the £4.7million, 27 home scheme at Northfield in Skelmersdale, due to complete later this year.”
Councillor Nicola Pryce-Roberts, portfolio holder for housing, said: “I am incredibly pleased that as a council, we have in principle found a positive and effective way forward for TVD.
“One of our top priorities is providing affordable homes, whether to rent or buy.
“This is key to the future prosperity of the borough; good housing makes it much more attractive when it comes to people choosing where to live and for businesses looking to invest.”
A spokesperson for the Our West Lancashire group, however, said the statement by the council “did not reflect the debate at the council meeting.”
They said: “The position of many councillors is reserved pending the production of a revised and sustainable business plan for the company.
“A full review of the cost base of the company must take place given the renewed focus agreed and Our West Lancashire are concerned that there is still no resolution to several of the 13 recommendations made by the independent reviewers of the company in November last year.”