Decision details
Peabody Right to Buy Grant Application
Decision Maker: Strategic Director - Community Well-being
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To consider an application for the award right to buy receipts.
Decision:
To approve the allocation of retained Right to Buy receipts to a maximum sum of £5,875,000 to Peabody Trust on the Council’s standard terms of grant to deliver affordable housing at the Bridgewater Road site in Alperton in accordance with the grant application.
Reasons for the decision:
As detailed within the accompanying report.
Alternative options considered:
As detailed within the accompanying report.
Interests and Nature of Interests Declared:
None
Reason Key: Signficant expenditure/savings of £500k or more;
Wards Affected: Alperton;
Cabinet/Committee Decision or Scheme of Delegation: Officer Scheme of Delegation – Cabinet approved that authority is delegated to the Strategic Director for Community Wellbeing in consulation with the Director of Finance and Operational Director for Housing.
Parties Consulted: Director of Finance and Operational Director for Housing
Contact: David Guy, Head of Housing Partnerships Email: david.guy@brent.gov.uk Tel: 020 8937 2111.
Publication date: 28/01/2020
Date of decision: 28/01/2020
Effective from: 05/02/2020
Accompanying Documents:
PDF 574 KB