Decision Maker: Executive, Council

Outcome: Recommendations approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: March 20, 2025

Purpose: Proposal to assist Registered Providers to deliver affordable housing.

Content: RESOLVED – that the Executive agrees to Recommend to Full Council to:   (i)             Approve a budget of £2.5 million of Capital Reserves to be used to support the delivery of affordable housing in the borough, and (ii)           Delegate authority to the Head of Housing and Intervention to approve expenditure of the £2.5 million of Capital Reserves to support the delivery affordable housing by Registered Providers in consultation with the Portfolio for Housing and Support and Chief Finance Officer.