Issue - decisions

Council Housing Growth Programme - purchase of residential properties by the Property Acquisitions Project- for use as council housing - Tranche 36

08/06/2021 - Council Housing Growth Programme - purchase of residential properties by the Property Acquisitions Project- for use as council housing - Tranche 36

The Director of City Development:
1. Authorised the required expenditure to enable the programme to progress the property acquisitions detailed in Confidential Appendix A. These acquisitions to be funded from the Council Housing Growth Programme budget, via a combination of Housing Revenue Account (HRA) borrowing and Right to Buy receipts.
2. Noted that Executive Board granted Authority to Spend for the programme on 24th July 2019.
3. Noted that a report has been submitted in parallel to the Director of City Development to request approval to acquire the properties so that they can be returned to Council Housing Stock