The Director of Resources and Housing:
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 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.