Issue - meetings

Council Right to Buy Receipt proposals and approval to spend

Meeting: 29/10/2024 - Cabinet (Item 33)

33 Council Right to Buy Receipt proposals and approval to spend pdf icon PDF 383 KB

Report of the Cabinet Member for Housing Operations detailing the Council Right to Buy Receipt proposals and seeking approval to spend.

Additional documents:

Minutes:

Decision Made: (CAB 24/25 46123)

 

On consideration of the report of the Cabinet Member for Housing  Operations, Cabinet approved the following:

 

(i)  That Cabinet approve the expenditure of up to £5m of the Right

    to Buy receipts collected in 2019/20 on a pilot programme of

    property purchases under the temporary flexibilities granted by

    Government during the 2024/25 and 2025/26 financial years.

(ii)   That Cabinet grant delegated powers to the Director of Housing

    after consultation with and the Executive Director of Enabling

    Services, Executive Director of Growth and Prosperity, the

    Director of Legal and Governance and the Cabinet Member for

    Housing, to agree and approve the detail of the pilot programme

    of purchases in line with the details set out in this paper.