Decision details
Acquisition of Section 106 Properties by the Housing Revenue Account
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The council has had an ambition of adding 180 new homes to the councils housing stock by a mixture new development through the housing development programme and by appropriate acquisitions. To this end, the council has negotiated a deal with Barratt Homes for the acquisition of 19 new build flats.18 x 1 bed flats and 1 x 2 bed flat.
Decision:
RESOLVED to:
i. Approve the purchase by the HRA of 18 x 1 bed flats and 1 x 2 bed flat from Barratts Homes as per the details outlined in the restricted report..
ii. Request that Full Council endorses the acquisition and to authorise the required borrowing.
Publication date: 10/06/2022
Date of decision: 09/06/2022
Decided at meeting: 09/06/2022 - Cabinet
Effective from: 18/06/2022
Accompanying Documents:
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