Local Authority Housing Fund Round 3

October 14, 2024 Cabinet (Cabinet collective) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to approve the acquisition of up to 42 properties using the Local Authority Housing Fund, along with a capital budget of £25,803,000, and delegate authority to the Director of Property and Assets to finalize the property acquisitions.

Full council record
Purpose

To note the memorandum of understanding set
between the Ministry of Housing, Communities and Local Government
and the Council; and authorise its implementation to deliver 42
homes through the current round (round 3) of the Local Authority
Housing Fund; and agree the proposed capital budget set out in the
report.

Content

Cabinet RESOLVED:
 
(1)       
To approve the proposed acquisition of up to 42 properties using
the allocated Local Authority Housing Fund.
 

(2)    To approve the capital
budget of £25,803,000 as set out in section 6.1 of the report
to supplement the grant and cover the acquisition programme.
 
(3)       
To delegate to the Director of Property and Assets the authority to
agree the terms of any legal documents and enter into contracts to acquire an interest in the
properties so as to give effect to this decision.
 
Eligible for call-in:
Yes

 
Deadline for submission of
call-in: 6pm on Monday 21 October 2024

Related Meeting

Cabinet - Monday 14 October 2024 10.00 am on October 14, 2024

Supporting Documents

13. Local Authority Housing Fund LAHF Round 3.pdf

Details

OutcomeRecommendations Approved
Decision date14 Oct 2024
Subject to call-inYes