Decision

Local Authority Housing Fund - Round 3

Decision Maker: Executive, Council

Outcome: For Determination

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: April 1, 2025

Purpose:

Content: The Executive resolved to:   (i)            Recommend that the Council approves a budget of £1,259,500 to be added to the capital programme, £779,161 of which is LAHF Round 3 grant funding, with the balance being funded from the Housing Revenue Account.   (ii)           Approve the purchase of three properties in the terms set out in this report, subject to budgetary approval from full Council, and delegate authority to the Assistant Director (Housing Services) in consultation with the Portfolio Holders of Housing (Delivery) and Housing (Operations & Services) to purchase the necessary properties to deliver this project.   (iii)          Approve the change to the Allocations Policy in respect of the 3 homes, as set out in 10.4 of this report   (iv)          Subject to budgetary approval by full Council, to delegate authority to the Assistant Director (Housing Services) to tender and enter into any contract to repair or bring up to standard any property purchased under this project provided the costs can be met within the overall project budget.   (v)           Note the update of spend against the allocation of LAHF Round 1 funding.

Supporting Documents

Housing Delivery Local Authority Housing Fund Executive April 2025 Final.pdf
Annexe 1 - Financial Viability LAHF Round 3.pdf

Related Meeting

Executive - Tuesday, 1st April, 2025 7.00 pm on April 1, 2025