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The Chief Officer Asset Management &
Regeneration:
1. Granted approval to purchase the properties, detailed in
Confidential Appendix B, at Market Value as determined by Land
& Property and authorised their use as designated Rough Sleeper
accommodation, to be managed by Leeds Housing Options.
2. Authorised the required expenditure to enable the programme to
progress the property acquisitions detailed in Confidential
Appendix B. These property acquisitions will be funded from the
Council Housing Growth Programme budget, via a combination of
Housing Revenue Account (HRA) borrowing and a Homes England grant
of £50,000 per property (or the the net cost of the
acquisition if this total is below £50,000).
3. Noted the Director of City Development (delegate) approved the
injection of a further £400,000 for the RSAP5 scheme into the
HRA Council Housing Growth capital programme (as part of the Right
of First Refusals programme) to deliver 8 units, on 12th May
2023.
4. As at June 2023, of the £3,909,000 total agreed budget
across NSAP, RSAP2, RSAP3 and RSAP5 the expenditure totals
£2,229,485. This figure is inclusive of the combined purchase
and refurbishment cost of each acquisition (estimated costings have
been used where the refurbishment work is incomplete). Based on the
average net cost of the properties acquired to date
(£102,968), the remaining budget of £1,679,515 is
sufficient to deliver the 8 units allocated for RSAP5.
5. Noted that written approval to bring the properties back into
council housing stock was provided by the Chief Officer (Housing)
of Communities, Housing & Environment on 10 January 2023
(Langley Crescent), 15 May 2023 (Fieldhouse Drive) and 7 June 2023
(Bodmin Crescent).