Decision details
Homelessness Property Investment
Decision Maker: Head of Housing Services
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
A proposal for the Council to invest in a dedicated property fund in order to lever in additional funding to that provided by the Council, to procure accommodation that can be used to house homeless households in the private rented sector was approved by CEB in July 2015 and Council in September 2015.
Decision:
To enter into agreements to invest £5m in the National Homelessness Property Fund.
Decision delegated to Stephen Clarke, Head of Housing & Property in consultation with Nigel Kennedy, Head of Financial Services
Alternative options considered:
After the CEB and Council decision only the NHPF was being considered
Publication date: 31/12/2015
Date of decision: 11/12/2015
Accompanying Documents:
- Property Investment Fund invesment to secure access to private rented accommodation