Decision details
Purchase of 41 Atkyns Road, Headington, Oxford
Decision Maker: Executive Director (Communities and People)
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
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.
The delegation is now within the remit of the Executive Director (Communities and People).
Decision:
Purchase of a two-bedroomed maisonette at 41 Atkyns Road, Headington, Oxford into the Housing Revenue Account.
Oxford City Council is the freeholder which allows for a buyback of the property to let as an Affordable Housing property.
Reasons for the decision:
The purchase enables the use of remaining Right to Buy Receipts to provide additional affordable housing.
The property will be purchased into the Housing Revenue Account to provide an Affordable Housing opportunity at social rent.
Alternative options considered:
To not complete the purchase. This option was rejected as it would not allow affordable housing to be delivered.
Signed off by senior officers:
Decision taken by Stephen Gabriel, Executive Director (Communities and People) in consultation with Councillor Diko Walcott, Cabinet Member for Affordable Housing, Housing Security and Housing the Homeless; Nigel Kennedy, Head of Financial Services; and Susan Sale, Head of Law and Governance.
Publication date: 22/03/2022
Date of decision: 22/03/2022
Accompanying Documents: