Council Housing Growth Programme - Property Acquisitions Batch 75
Director of City Development (Officer) 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
...whether to approve the purchase of specific properties, detailed in a confidential appendix, at market value to increase the council's housing stock, and to authorize the necessary expenditure from the Council Housing Growth Programme budget.
Full council record
Decision
The Director of City Development has:
1. Granted approval to purchase the properties detailed in
Confidential Appendix A, at market value, as determined by Land
& Property, and authorised their return to council housing
stock.
2. 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.
3. Noted that Executive Board granted Authority to Spend for the
programme on 24th July 2019.
4. 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 29th August
2023.
Details
| Outcome | Recommendations Approved |