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Purchase of Affordable Housing at Histon Road

02/12/2020 - Purchase of Affordable Housing at Histon Road

Matter for Decision

The report seeks approval for a capital budget to purchase 7 affordable units from Laragh Homes, for rent as Council homes. These will consist of the following: 6 x 2 bed, 4 person Flats and 1 x 2 bed, 4 person House

 

Decision of Executive Councillor for Housing

i.  Approved the purchase of 7 new Council homes at the Mews, Histon Road and delegated authority to the Strategic Director to approve contract terms with Laragh Homes/LLP in respect of this transaction.

ii.  Approve a total budget of £1,513,000 to enable the development of 7 homes at the Mews, Histon Road.

 

Reason for the Decision

As set out in the Officer’s report.

 

Any Alternative Options Considered and Rejected

Not applicable.

 

Scrutiny Considerations

The Committee received a report from the Head of Housing Development.

 

The Committee unanimously resolved to endorse the recommendations.

 

The Executive Councillor approved the recommendations.

 

Conflicts of Interest Declared by the Executive Councillor (and any Dispensations Granted)

No conflicts of interest were declared by the Executive Councillor.