Issue details

Assistance to Vulnerable Households: the potential business case for unsupported borrowing to fund equity release loans to vulnerable households

To agree to  unsupported borrowing by the Council to lend to vulnerable households where no other financial option is available to them. To use the existing Leeds Loan redemptions to assist with any budget pressures for the Council as a result of the unsupported borrowing.

 

Decision type: Key Decision

Decision status: For Determination

Decision due: 22 Jun 2011 by Executive Board

Lead director: Director of Environment and Housing

Department: Environment and Neighbourhoods

Contact: Mark Ireland Email: mark.ireland@leeds.gov.uk Email: mark.ireland@leeds.gov.uk.

Consultation process

Lead Member

Portfolio Holder: Portfolio: Neighbourhoods and Housing

Agenda items

Documents

  • The report to the decision maker with the agenda for the meeting