The Chief Officer Asset Management &
Regeneration:
a) Granted Approval to purchase the properties, detailed in the
Confidential Appendix A, at market value as determined by Land
& Property and authorise return to Council housing stock.
b) Authorised the required expenditure to enable the programme to
progress the property acquisitions detailed in Confidential
Appendix A. These property acquisitions will be funded from the
Council Housing Growth Programme budget, via a combination of
Housing Revenue Account (HRA) borrowing and Right to Buy
receipts.
c) Noted that Executive Board granted Authority to Spend for the
programme on 24th July 2019.
d) Noted that written approval to bring the properties back into
council housing stock was provided by the Chief Officer (Housing)
of Communities, Housing & Environment on the 6th April
2022.