Submission Documents: Investment Committee "Council welcomes the major investment by the Scottish Government in new affordable and social housing, facilitating the first major social house building programme for decades. Council recognises the need to continue house building initiatives in Falkirk district however recognition is also given to reduced bank lending resulting in the social housing sector seeking alternative funding from other sources. Council notes that as part of Falkirk Council's Pension Fund Investment Strategy, 3 per cent of the "Alternatives" section of the Strategic Asset Allocation is to be invested in infrastructure projects. Council recognises that an ethical investment in social housing would provide much needed social housing at a time of excessive demand, and would also provide a secure return on an inflation-linked investment. Council therefore instructs officers to prepare a report to the relevant strategy committees and the Investment Committee in the near future, detailing the options available to the Council for local investment in social housing via the Falkirk Council Pension fund." Help Icon

This is the list of documents available for the submission Investment Committee "Council welcomes the major investment by the Scottish Government in new affordable and social housing, facilitating the first major social house building programme for decades. Council recognises the need to continue house building initiatives in Falkirk district however recognition is also given to reduced bank lending resulting in the social housing sector seeking alternative funding from other sources. Council notes that as part of Falkirk Council's Pension Fund Investment Strategy, 3 per cent of the "Alternatives" section of the Strategic Asset Allocation is to be invested in infrastructure projects. Council recognises that an ethical investment in social housing would provide much needed social housing at a time of excessive demand, and would also provide a secure return on an inflation-linked investment. Council therefore instructs officers to prepare a report to the relevant strategy committees and the Investment Committee in the near future, detailing the options available to the Council for local investment in social housing via the Falkirk Council Pension fund.".

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Name Type of Document Access View Document
Item Minute - 15 June 2010 Minute Public Open Document in PDF Format
(45 KB)

 

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