Purpose

To approve Right to Buy Grant Funding application from to a third sector partner to support the acquisition and refurbishment of 12 properties for affordable housing.

Decision

The Chief Officer Asset Management & Regeneration has:

a)  Approved the use of up to £710,680 Right to Buy Replacement Programme funding to support Canopy’s proposal to acquire up to 12 properties and to refurbish them as affordable rented homes for people who are homeless or in housing need; and

b)  Authorised that the Council enter into a grant agreement and nominations agreement with Canopy on the terms set out in this report.