Issue - decisions

Utilising funding received from the Local Authority Housing Fund LAHF - to approve the completion of a house purchase.

 

 

25/10/2023 - Utilising funding received from the Local Authority Housing Fund LAHF - to approve the completion of a house purchase.

Decision to be taken: 

Following cabinet approval on the 20th February 2023 which authorised:

 

Approve receipt of the LA Housing Fund grant in the sum of £873,932 for the purposes described.

·         Authorise entry into the prescribed Memorandum of Understanding with DLHUC for receiving the grant as set out in Appendix A; and

·         Fund the residual element for the 9 properties to be purchased, delegated to the Section 151 officer to determine in consultation with Investment Board Members. Range of funding needed has been identified in the confidential Appendix B

·         Purchase properties outside PE13 and PE14 post code areas.

 

This officer decision notice is to record the decision to complete 1 house purchase – 143 Gaul Road, March, Cambs

 

Decision:

The purchase of 1 of the 9 properties as part of the LAHF programme in accordance with cabinet CAB68/22 at a purchase price of £320,000