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