Purpose

To ensure take up of a grant
allocation from DLUHC for the delivery of two 4-bedroom home by the
funding deadline.
 
The purchase of second-hand
properties was also considered; however, these carry a risk that
the purchase may not complete before the deadline and that the cost
of remedial work would make it a more expensive option
thana newbuild off the shelf
purchase.

Content

To purchase a 4-bedroom property from Keepmoat
Homes for the sum of £295,000 in order to fulfil the
authority’s obligations under the Local Authority Housing
Fund programme.