Cabinet, at its meeting on 22 January 2020, resolved to:

Delegate authority to the Director of Housing, in consultation with the Cabinet Member for Affordable Housing; the Head of Financial Services/Section 151 Officer; and the Council’s Monitoring Officer, to enter into agreement for the award of grant, contractual arrangement and/or spend, for the provision of additional affordable housing in perpetuity, using Retained Right to Buy Receipts or Recycled Capital Grant funding.

This delegation is now within the remit of the Executive Director (Communities and People).

Purchase of 2 x one-bedroom flats at £200,000 each at Hockmore Tower, Pound Way, Oxord for a total sum of £400,000.

The purchase enables the use of Retained Right to Buy Receipts to provide additional affordable housing within the financial year 2023/24.

To not complete the purchase.  This option was rejected as it would not allow the affordable housing to be delivered.

Decision taken by Peter Matthew, Interim Executive Director (Communities and People) in consultation with Nigel Kennedy, Head of Financial Services; Emma Jackman, Head of Law and Governance; and Councillor Linda Smith, Cabinet Member for Housing.