Cabinet, on 19 April 2023, resolved to:

1.       Approve the Council becoming part of the Local Authority Housing Fund in order to deliver 6 new affordable homes;

2.       Recommend to Council the allocation of a £2,330,320 capital budget from the Housing Revenue Account for the Council’s investment to purchase the properties as part of Local Authority Housing Fund; and

3.       Delegate authority to the Executive Director (Communities & People) in consultation with the Cabinet Member for Housing; the Head of Financial Services/Section 151 Officer; and the Head of Law and Governance/Monitoring Officer, to enter into agreements and contracts to facilitate the purchase by the Council of housing (to be held in the HRA) within the identified budget and within the project approval.

Council, on 17 May 2023, resolved to approve the allocation of a £2,330,320 capital budget from the Housing Revenue Account for the Council’s investment to purchase properties as part of the Local Authority Housing Fund.