Decision details
Purchase of 68 Hawksmoor Road, Oxford OX2 7UG
Decision Maker: Executive Director (Communities and People)
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
Housing First is an internationally evidenced housing intervention, which has proven successful in supporting people with multiple and complex needs to maintain housing.
Decision:
To purchase a one-bedroomed flat at 68 Hawksmoor Road, Oxford for the sum of £200,000 from the open market for the purpose of adding to the Council’s HRA stock in order to let as an affordable housing property.
Reasons for the decision:
Agreement to purchase the unit into the HRA as social rent to provide an affordable housing opportunity. The purchase enables the use of Retained Right To Buy Receipts to provide additional affordable housing.
The purchase enables the use of remaining Retained Right To Buy Receipts to provide additional affordable housing within the financial year 2024-25.
Alternative options considered:
To not make the purchase. This option was rejected as it would not allow the affordable housing to be delivered.
Signed off by senior officers:
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 and Communities.
Publication date: 02/07/2024
Date of decision: 02/07/2024
Accompanying Documents: