Decision

Update on the Local Authority Housing Fund - Round 3 funding allocation (Part 1)

Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: April 14, 2025

Purpose:

Content: 1)    That the Round 3 additional funds to deliver a further 4 units, following invitations from MHCLG to bid for underspends and additional £373k of borrowing to be financed from the Asset Investment Fund budget, be approved.   2)    That the purchase of 4 units for temporary accommodation, from the Trafford Affordable Housing Fund, be approved.   3)    That authority be delegated to the Corporate Director, Place, in consultation with the Director of Legal and Governance, to procure a contractor to carry out the conversions, repairs and improvements as appropriate.   4)    That authority be delegated to the Corporate Director, Place, in consultation with the Director of Legal & Governance, to negotiate, finalise and agree the terms for the purchase of properties for the purposes set out in this report.   5)    That authority be delegated to the Director of Legal & Governance to enter into any contracts, agreements or deeds required to implement the above recommendations.   6)    That authority be delegated to the Corporate Director, Place, in consultation with the Director of Legal & Governance, to negotiate, finalise and agree the terms for the purchase of any future properties for the purposes set out in this report.

Supporting Documents

LAHF Exec Report April 25 part 1.pdf

Related Meeting

Executive - Monday, 14th April, 2025 6.30 pm on April 14, 2025