Temporary Accommodation - Special Purpose Vehicle Update
June 25, 2026 Corporate and Resources Committee (Committee) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Corporate and Resources Committee of Kingston upon Thames Council decided on 25/06/2026 to not proceed with creating a Special Purpose Vehicle for housing homeless households. The committee approved purchasing 150 properties for temporary accommodation to be held within the General Fund. Delegated authority was given to the Executive Director of Place, in consultation with the Section 151 Officer and relevant Portfolio Holder, to purchase these properties.
Full council record
Decision
RESOLVED that:
1) The proposal to create a Special Purpose Vehicle (SPV) to hold and lease housing to homeless households is no longer taken forward.
2) The 150 properties to be purchased through the current approved capital budget be held within the General Fund and used as temporary accommodation.
3) Delegated authority be given to the Executive Director of Place in consultation with the Section 151 Officer and the relevant Portfolio Holder to purchase the 150 properties.
Related Meeting
Corporate and Resources Committee - Thursday, 25 June 2026 - 7:30 pm on June 25, 2026
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 25 Jun 2026 |