Use of Housing Revenue Account reserves for purchase of additional council housing stock

September 8, 2025 Key decision Awaiting outcome View on council website
Full council record
Content

Having been duly proposed and seconded, the
Executive recommended to Full Council that:-

1)   
Council approved an increase in the HRA capital programme of
£3.377m for property acquisitions, legal and associated
purchase costs, and any appropriate refurbishments or alterations,
to be funded by HRA Reserves.

2)   
Support the addition of those properties into HRA stock but with a
temporary use of up to 2 years for temporary accommodation (General
Fund) purposes.

3)   
The final decision on property acquisitions was made by the
Executive Director for Community Place and Economy in consultation
with Councillor Federica Smith-Roberts Lead Member for Communities,
Housing Revenue Account, Culture, Equalities, and Diversity.

Related Meeting

Executive - Monday, 8th September, 2025 10.00 am on September 8, 2025

Supporting Documents

General Exception Notice 08.09.2025.pdf
Use of Housing Revenue Account reserves for purchase of additional council housing stock.pdf

Details

OutcomeFor Determination
Decision date8 Sep 2025