Long Leasing Funding - Capital Drawdown

September 10, 2025 Cabinet (Cabinet collective) Key decision Approved View on council website

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Summary

...to facilitate the leasing of properties for temporary accommodation in 2025-26 and 2026-27, the Cabinet approved the drawdown of £309,239,680 from the £660m Temporary Accommodation capital budget.

Full council record

Purpose

Report on the acquisition and leasing of
properties for user as temporary accommodation.

Decision

DECISION: The Cabinet agreed to:
 
i. Approve the drawdown of £309,239,680
within the TA capital budget of £660m for the leasing of
properties for use as temporary accommodation in 2025-26 &
2026-27.

Related Meeting

Cabinet - Wednesday, 10th September, 2025 7.00 pm on September 10, 2025

Supporting Documents

Long Leasing Funding - Capital Drawdown.pdf

Details

OutcomeRecommendations Approved
Decision date10 Sep 2025
Subject to call-inYes