• Decision details

    • Decision details

    Council Housing Growth Programme - Property Buybacks. First Tranche of Property Acquisitions

    Reference: D48582

    Decision Maker: Director of Resources

    Is Key decision?: Yes

    Is subject to call in?: Yes

    Purpose:

    Authority to spend decision on the Council House Growth Programme – To purchase the first tranche of ex council properties as part of the Right Of First Refusal scheme.

    Decision:

    The Director of Resources and Housing:

    1.  Authorised the required expenditure to enable the programme to progress the first tranche of property acquisitions as detailed in Confidential Appendix A.  These acquisitions to be funded from existing Council Housing Growth Programme unallocated budget, made up of a combination of Housing Revenue Account (HRA) and Right to Buy receipts.

    2.  Noted that a report will be submitted to Executive Board in June 2019 to secure Authority to Spend approval for the overarching 3 year property acquisitions programme. 

    3.  Noted that a report is being submitted in parallel to the Director of City Development to request approval to acquire these assets for Housing & Resources so that they can be returned to Council Housing Stock.

    Reason Key: Expenditure > £250,000;

    Wards Affected: Beeston and Holbeck; Burmantofts and Richmond Hill; Chapel Allerton; Little London and Woodhouse;

    Other reasons / organisations consulted

    The Director of Resources & Housing, and Director of City Development have been consulted and relevant ward members will also be consulted in due course.

    Contact: Wendy Myers, Project Manager 0113 37 82815 Email: Wendy.Myers@leeds.gov.uk.

    Publication date: 09/04/2019

    Date of decision: 17/04/2019

    Effective from: 27/04/2019

    Accompanying Documents: