Decision details

ACQUISITION OF AFFORDABLE HOMES TO SPEND RIGHT TO BUY RECEIPTS

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

It is proposed that Cabinet delegates authority to the Director of Housing and Communities, in consultation with the Portfolio Holder for Housing and Landlord Services, to purchase houses in accordance with the Right to Buy budget, to ensure that spend targets for the years 2023/24 and 2024/25 are met on time.

Decision:

Cabinet:

 

1)     NOTED the need to spend Right to Buy receipts for the 2023/24 spending requirement, to enable the acquisition of affordable homes;

 

2)     DELEGATED authority to the Director for Housing and Communities in consultation with the Portfolio Holder for Housing and Landlord Services to purchase homes in accordance with the budget for spending Right to Buy receipts to meet the 2023-24 spending requirement.

Publication date: 16/11/2023

Date of decision: 15/11/2023

Decided at meeting: 15/11/2023 - Cabinet

Effective from: 21/11/2023

Accompanying Documents: