This report recommends the council enters into a long (45 year) lease for new homes, funded by a lease rental payment, for use either as temporary accommodation or for discharge of homelessness duty. It will secure additional housing to assist in meeting the council’s statutory homelessness obligations and provide a rental income stream. Cabinet is requested to delegate authority to the Corporate Director Community following consultation with the Director of Finance and S151 Officer, the Portfolio Holder for Finance and Resources and the Portfolio Holder for Housing to finalise and enter into the Legal Agreements.
Decision type: Key
Reason Key: Expenditure and Ward;
Decision status: Recommendations Approved
Wards/Areas affected: (All Wards/Areas);
Notice of proposed decision first published: 25/08/2021
Anticipated restriction: Part exempt - View reasons
Decision due: 23 September 2021 by Cabinet
Lead Member: Councillor Phillip O'Dell
Lead member: Housing Portfolio Holder
Lead director: Julian Higson
Contact: Divisional Director, Housing Services Email: email@example.com, tel: 07592 110410.
Consultation with Ward Councillors is being carried out and comments will be included in the report. Consultation with local residents has already been undertaken through the formal Planning application process.