Decision details

To present a business case relating to the purchase of six houses within the district

1.      To consider the business case and approve the acquisition of six houses.

2.      To delegate authority to Assistant Director of Strategic Growth & Development to conclude contractual matters in respect of the purchase of these homes, including signing contracts, transfers and reviewing due diligence and approving any other matters which may represent a minor variation to this business case.

1. To fulfil the decision of Cabinet and Council in relation to the Local Authority Housing Fund and acquire new homes within the district.
2. To meet short, medium and long-term housing needs within the district.
3. To increase the provision of affordable housing in the district.
4. To increase the number of homes owned by the authority, which enables the authority to directly deliver solutions to housing issues within the district.
5. To enable the authority to act swiftly in the housing market to secure the six homes required to fulfil the contract with Government.
6. To increase the supply of temporary accommodation directly provided by the authority and reduce the use of nightly paid accommodation.

Do Nothing. In this event the authority would not proceed to purchase these properties. As a consequence, the expected benefits set out in the Reasons for Recommendations section of this report would not be realised. Officers would seek to identify alternative, appropriate properties to acquire, for consideration by the Executive.