Issue - decisions

Cabinet agreed the following:

1.  That the Council progresses with the acquisition of 30 new affordable homes being built by developer Guildcrest, using the accelerated housing programme capital budget, approved by Council at its meeting on 12 October 2023;

2.  To note that the Director of Corporate Services will re-assess the viability of the schemes and subsequently approve these acquisitions, in consultation with the Deputy Leader and Cabinet Member for Housing, should there be a variation to the assumed level of borrowing needed;

3.  The letting of these homes in accordance with the Council’s Allocations Policy and any subsequent local lettings plan (LLP), at an affordable rent as set out in the Council’s Tenancy Strategy.