Purpose

This report seeks the approval
to acquire 10 properties for the Council to use as temporary
accommodation and affordable rent on two separate small sites in
the district at Margate Road, Ramsgate and King Street in
Ramsgate.

Decision

Cabinet agreed the following:
 
1. 
That the Council progresses with the acquisition of these 10
properties and their proposed uses as set out above, using the
additional capital budget, approved by Council at its meeting on 12
October 2023;
 
2.  The
letting of the King Street homes be in accordance with the
Council’s Allocations Policy and any subsequent local
lettings plan (LLP), at an affordable rent as set out in the
Council’s Tenancy Strategy;
 
3.  The
letting of the Margate Road flats be in accordance with the
Council’s Temporary Accommodation Allocation Policy, approved
by Cabinet in July 2024.