Utilising funding received from the Local Authority Housing Fund LAHF - to approve the completion of a house purchase.

October 25, 2023 Assistant Director (Officer) Key decision Approved View on council website
Full council record
Content

Decision to be taken:
 
Following cabinet
approval on the 20th February
2023 which authorised:
 
Approve receipt of the LA
Housing Fund grant in the sum of £873,932 for the purposes
described.

·         Authorise
entry into the prescribed Memorandum of Understanding with DLHUC
for receiving the grant as set out in Appendix A; and

·         Fund
the residual element for the 9 properties to be purchased,
delegated to the Section 151 officer to determine in consultation
with Investment Board Members. Range of funding needed has been
identified in the confidential Appendix B

·         Purchase
properties outside PE13 and PE14 post code areas.
 
This officer
decision notice is to record the decision to complete 1 house
purchase – 3 Daisy Avenue, March, Cambs
 
Decision:
The purchase of 1
of the 9 properties as part of the LAHF programme in accordance
with cabinet CAB68/22 at a purchase price of £205,000
 

Details

OutcomeRecommendations Approved
Decision date25 Oct 2023
Subject to call-inYes