Issue - decisions

Estate Regeneration – Early Buy Back Funding

08/12/2017 - Estate Regeneration – Early Buy Back Funding

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.