Decision details

Use of Affordable Housing Commuted Sums to support property acquisitions in the Council Housing Growth Programme

Reference: D56568

Decision Maker: Director of City Development

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The Chief Officer of Asset Management and Regeneration has been requested to approve the use of Affordable Housing Commuted Sums to support the Council Housing Growth Acquisitions Programme in the acquisition of 68 properties across 2022/23 and 2023/24. This funding will support the delivery of much needed affordable housing across the city.

Decision:

The Chief Officer of Asset Management and Regeneration has approved the use of Affordable Housing Commuted Sums to support 68 property acquisitions within the Council Housing Growth programme up to the end of 2023/24. This funding will support the delivery of much needed affordable housing across the city

Reason Key: Financial Impact>£500K;

Wards Affected: (All Wards);

Other reasons / organisations consulted

Briefings with the Executive Member for Infrastructure and Climate took place 13th March 2023 where support for the decision was confirmed.

The Affordable Housing Delivery Board, chaired by the Chief Officer of Asset Management and Regeneration, has confirmed its support for this decision on 31st January 2023.

Consultees

Executive Member for Infrastructure and Climate

Chief Officer of Asset Management and Regeneration

Head of Finance

Head of Council Housing Growth

Commercial Property Team Leader, Legal Services

Contact: Clare Wiggins, Principal Regeneration Officer 0113 535 1237 Email: Clare.Wiggins@leeds.gov.uk.

Publication date: 12/07/2023

Date of decision: 20/07/2023

Effective from: 28/07/2023

Accompanying Documents: