Issue details
Use of Retained Right to Buy Receipts to increase the provision of more affordable housing
Cabinet, on 17 April 2024, resolved to:
1. Grant project approval to the proposals to purchase and develop accommodation as set out in the report and within the allocated capital budgets (2024/25 to 2028/29) for the purpose of delivering more affordable housing in Oxford; and
2. Delegate authority to the Executive Director (Communities and People) in consultation with the Cabinet Member for Housing; the Head of Financial Services; and the Head of Law and Governance to agree sites and enter into agreements and contracts relating to the spend of Retained Right to Buy Receipts for the provision of affordable housing into the Housing Revenue Account within this project approval.
Decision type: Key
Reason Key: Acquisition or disposal of a freehold or leasehold valued over £500,000;
Decision status: For Determination
Wards affected: (All Wards);
Notice of proposed decision first published: 12/03/2024
Decision due: 17 Apr 2024 by Cabinet
Decision due: Before 31 Dec 2025 by Executive Director (Communities and People)
Lead member: Cabinet Member for Housing
Lead director:
Department: Regeneration and Economy
Contact: Dave Scholes, Affordable Housing Supply Corporate Lead Email: dscholes@oxford.gov.uk Tel: 01865 252636.
Reason date could change: Provisional: Awaiting further information, advice or input.
Is the date subject to change: No
Agenda items