Issue - decisions
Housing Revenue Account Borrowing Headroom
13/09/2018 - Housing Revenue Account Borrowing Headroom
RESOLVED:
(i) Cabinet agreed for the Council to bid for additional headroom borrowing to build new Council homes at social rent level; and
(ii) Cabinet agreed that should negotiations with the GLA alter the proposed amount of borrowing, the decision to progress be delegated to the Strategic Director, Community Wellbeing in consultation with Cabinet Member for Housing and Welfare Reform and the Chief Finance Officer (s.151 Officer).