Decision details
Homelessness Accommodation Property Investment 2017/18
Decision Maker: Head of Housing Services
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
At its meeting on 9 March 2017, CEB delegated
authority to the Chief Executive, having notified in advance the
Board Members for Finance, Asset Management and Public Health, and
Housing, to approve any property purchases over £500,000 for
the Homeless Accommodation Property Investment project.
Decision:
Completed the purchase of 20 x flats at Great
Western Park ,Didcot for the sum of £4.7M (including stamp
duty).
- 10 x flats to be used for homeless temporary accommodation (from
General Fund)
- 10 x flats to be used for permanent accommodation from the HRA as
agreed by the City Executive Board on 19 September 2017.
Alternative options considered:
As detailed in the
City Executive Board reports from meetings held on:
19
September 2017
9
March 2017
15
December 2016
Publication date: 08/02/2018
Date of decision: 27/11/2017