The official version of this document can be found via the PDF button.
The below content has been automatically generated from the original PDF and some formatting may have been lost, therefore it should not be relied upon to extract citations or propose amendments.
STATES OF JERSEY
r
HOUSING DEVELOPMENT FUND: COST/BENEFIT ANALYSIS (P.61/2010) – AMENDMENT
Lodged au Greffe on 21st June 2010 by the Minister for Treasury and Resources
STATES GREFFE
2010 Price code: A P.61 Amd.
HOUSING DEVELOPMENT FUND: COST/BENEFIT ANALYSIS (P.61/2010): AMENDMENT
PAGE 2 –
After the words "present to the States within" replace "3 months" with "6 months".
MINISTER FOR TREASURY AND RESOURCES
Page - 3
P.61/2010 Amd.
REPORT
The Minister for Treasury and Resources agrees that a review of the Housing Development Fund would be helpful, particularly in light of issues facing the Housing Department in the future. In order to integrate this review into the other issues being considered by departments and prioritise the workload involved, the Minister proposes a 6 month timescale as opposed to 3 months.
The Housing Department is currently considering how it could achieve Comprehensive Spending Review (CSR) savings of 10% by 2013. The Minister for Housing is also considering the recommendations contained within the "Review of Social Housing in Jersey" report published in 2009.
Working with the new Minister for Housing, the Treasury is reviewing the States medium to long term finances and funding arrangements, which include the Housing Development Fund and the possible establishment of a more independent housing entity.
A review of the Housing Development Fund, its financials, and on-going obligations is an integral element of the work currently underway. A 6 month timescale will enable this piece of work to be prioritised appropriately, integrated into the other pieces of work currently underway and completed in house' without incurring additional costs as suggested in the report accompanying P.61/2010.
Page - 4
P.61/2010 Amd.