Issue details

New Build Acquisition Programme

It is proposed that Thanet District Council introduce an acquisitions programme to purchase properties which will be rented to households in housing need at an affordable rent.


A budget of £2.13m has been identified and it is anticipated that this will fund a programme of acquiring 10-12 dwellings.


The funding includes £630k of ring-fenced right to buy receipts together with £1.5m from the Housing Revenue Account Capital Programme.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 09/08/2017

Decision due: 25 Oct 2017 by Cabinet

Lead member: Councillor Rev. Stuart Piper

Contact: Bob Porter, Director of Place Tel: 01843 577006 Email:

What the decision will mean: This will enable the council to purchase off the shelf developments to expand the Council's rented stock.


Agenda items


  • Cabinet report