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This section allows you to view the general details of a Decision

Details

Status:
Implemented
Decision Maker
Cabinet
Title:
Future expenditure of Right to Buy Receipts and Out of Borough Property Acquistions for Temporary Accomodation
Is a Key Decision:
Yes
Purpose

 

Due Date
Wed 21 Oct 2020
Directorate
Regeneration, Enterprise and Skills
Include Item on Forward Plan:
No
Decision Type:
Committee
Decision Maker:
Cabinet
Decision Outcome

Approved a Right to Buy (RTB) receipts investment programme, up to a gross value of £83,982,669, that will make a positive impact on the Council’s homelessness pressure and minimise the risk of unspent RTB receipts being repaid to the Ministry of Housing, Communities and Local Government (MHCLG). 

Agreed a property acquisition programme to provide temporary accommodation, up to a maximum gross value of £83,982,669, funded from RTB receipts (£25,194,801) and General Fund borrowing (£58,787,868).

Agreed to delegate to the Director of Regeneration, Enterprise and Skillsauthority to acquire properties under this programme.

Agreed to a budget of £3,353,040 from existing resources to undertake any associated repair and renewal costs following a property acquisition to bring the property up to a lettable standard in accordance with the Scheme of Delegation and led by the Director of Housing and Safer Communities.

Agreed to extend the programme of purchasing properties outside of the borough, for the provision of temporary accommodation, to December 2021.

This decision is subject to call-in until 5pm - 29 October 2020.

Additional Information

D15 - General Exception
D16 - Special Urgency

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

All

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

This Decision does not contain any Overview and Scrutiny records.

This section displays the history of the Decision.

Decision History

DateTimeCreatedUserFullnameStatusDescriptionDetails
12
Page size:
 14 items in 2 pages
10/08/2020 14:00:10Nassir AliBusiness Item Created 
10/08/2020 14:00:10Nassir AliCommittee AddedCabinet
10/08/2020 14:00:10Nassir AliMeeting Added16/09/2020 6:30PM
10/08/2020 14:00:26Nassir AliStatus ChangedDecision Proposed [2]
10/08/2020 14:00:45Nassir AliWard AddedAll
10/08/2020 14:02:42Nassir AliContacts Edited 
20/08/2020 15:50:39Nassir AliGeneral Details Edited 
29/09/2020 19:24:11Nassir AliGeneral Details Edited 
13/10/2020 16:38:22Nassir AliGeneral Details Edited 
13/10/2020 16:38:49Nassir AliReport AddedDocument ID 25599: 7.0 - Future Expenditure of Right to Buy Receipts & Out of Borough Property Acquisitions for Temporary Accommodation

Approval/Comments

No history found.