PURCHASE OF 4 AFFORDABLE HOUSING UNITS – CALOW

March 1, 2023 Director of Finance and Resources (Section 151 Officer) (Officer) Approved View on council website
Full council record
Content

To purchase the following affordable housing
units at Churchside Calow:
8 x 1 bed quarter house cost per unit £82,650
1 x 2 bed house cost per unit £114,000
(57% OMV)

Reasons for the decision

The Council’s housing needs data
demonstrates that there is housing need and demand for affordable
rent housing in this area.

Alternative options considered

Not to progress the purchase. Rejected due to
local housing need.

Details

OutcomeRecommendations Approved
Decision date1 Mar 2023