Decision
LOCAL AUTHORITY HOUSING FUND - ADDITIONAL ROUND 3 FUNDING
Decision Maker:
Outcome:
Is Key Decision?: No
Is Callable In?: No
Date of Decision: July 21, 2025
Purpose:
Content: RESOLVED: 1. The Council will enter a Memorandum of understanding with MHCLG based on the prospectus for the Local Authority Housing Fund available at Local Authority Housing Fund: Round 3 prospectus and guidance - GOV.UK. Authority is delegated to the Chief Executive Officer in consultation with the Portfolio Holder for People and Communities to agree the final terms of the Memorandum of Understanding with MHCLG. 2. The Council will accept the total sum of £568,000 offered to the Council by MHCLG under the Local Authority Fund to deliver the programme, understanding the external match funding requirements as set out in the report and attached prospectus. 3. Cabinet agrees that, subject to agreement from West Norfolk Housing Company, the properties will be acquired by West Norfolk Housing Company, funded by the grant, debt financing and other available funding. 4. Authority is delegated to Assistant Director Finance/Deputy S151 in consultation to agree terms for deferred consideration (if necessary) with West Norfolk Housing Company in relation to the transfer of properties on the Council’s developments. 5. The Council requests that West Norfolk Housing Company works with the Council to deliver the properties through the fund. 6. That delegated authority is given to the Chief Executive Officer in consultation with the Leader for the acceptance of further funding offered to the Council under the Local Authority Housing Fund (LAHF) or successor programme. REASON FOR DECISION: The recommendations will ensure that the opportunity presented by the Local Authority Housing Fund to deliver affordable housing in the borough will be fully realised and will help to relieve pressures on the council’s homelessness services.
Related Meeting
Cabinet - Monday, 21st July, 2025 6.00 pm on July 21, 2025