Project Approval and Allocation of Next Steps Accommodation Programme Funding for Affordable Housing Delivery & Homelessness Prevention
Decision Maker: Council
Is Key decision?: Yes
Is subject to call in?: No
Cabinet, at its meeting on 11 November 2020, delegated authority to the Chief Executive, in consultation with the Cabinet Members for Finance and Asset Management, and Affordable Housing, to approve any agreements over £500,000 for affordable housing, within the project approval given at the meeting and budget envelope.
Council considered the report of the Head of Housing Services seeking project approval and delegations to enable capital spend, under the Next Steps Accommodation Programme, using grant received from Government for the purpose of acquiring additional Council housing for the purpose of reducing rough sleeping.
The Cabinet Member for Affordable Housing, Cllr Rowley, introduced the report, proposed the recommendations and answered questions. The recommendations were agreed on being seconded and put to the vote.
Council resolved to approve a revision to the Housing Revenue Account (HRA) capital budget in 2020/21 of £1,195,750 for the initial purchase of 5 properties, to be funded by capital grant from MHCLG/ Homes England of £150,000; by Oxfordshire Housing and Growth (OGD) Deal funding of £275,000; and HRA Council borrowing of up to £770,750.
Report author: Dave Scholes
Publication date: 23/12/2020
Date of decision: 30/11/2020
Decided at meeting: 30/11/2020 - Council