Decision details
Local Authority Housing Fund Round 3
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To note the memorandum of understanding set between the Ministry of Housing, Communities and Local Government and the Council; and authorise its implementation to deliver 42 homes through the current round (round 3) of the Local Authority Housing Fund; and agree the proposed capital budget set out in the report.
Decision:
Cabinet RESOLVED:
(1) To approve the proposed acquisition of up to 42 properties using the allocated Local Authority Housing Fund.
(2) To approve the capital budget of £25,803,000 as set out in section 6.1 of the report to supplement the grant and cover the acquisition programme.
(3) To delegate to the Director of Property and Assets the authority to agree the terms of any legal documents and enter into contracts to acquire an interest in the properties so as to give effect to this decision.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 21 October 2024
Reason Key: Signficant expenditure/savings of £500k or more;
Wards Affected: (All Wards);
Contact: Zak Rezig, Senior Development Manager Email: zak.rezig@brent.gov.uk Tel: 020 8937 1589.
Report author: Zak Rezig
Publication date: 15/10/2024
Date of decision: 14/10/2024
Decided at meeting: 14/10/2024 - Cabinet
Effective from: 22/10/2024
Accompanying Documents: