Decision details

Estate Regeneration – Early Buy Back Funding

Decision Maker: Deputy Leader of the Council (Investment and Partnerships)

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

Recommendations

1.         To allocate £19,737,000 of funding, supported by borrowing, to fund the current pipeline of early buy backs as part of the estate regeneration programme.

2.         To instruct the Strategic Director of Neighbourhoods and Growth to develop a voids strategy for the programme, which will set out the decision-making process for allocating void buy backs for either temporary accommodation or market rent.

3.         To instruct the Strategy Director of Neighbourhoods and Growth to develop a prioritisation policy to ensure that buy back funding is allocated to acquisition of priority households.

 

Publication date: 08/12/2017

Date of decision: 18/12/2017

Effective from: 28/12/2017

Accompanying Documents: