Issue - meetings

Report of Assistant Director Wellbeing and Housing

Purpose of report

To put the necessary approvals in place for the Council to be able to purchase suitable property with funds within the capital programme.

Recommendations

The Executive resolves:

1.1         To authorise the Head of Housing to determine the requirements of the additional housing (including location and specification), tenancy and rent setting and manage the acquired housing in accordance with obligations of the Council as a Registered Provider of Social Housing.

1.2         To authorise the Executive Director - Neighbourhoods, in consultation with Assistant Director – Finance and the Portfolio Holder for Housing, to make initial offers and begin the appropriate due diligence, once appropriate freehold or leasehold properties have been identified. A separate report to seek final approval for the exchange of contracts to purchase property will be submitted to the Executive. This will then enable the purchase of property above financial thresholds.