Local Authority Housing Fund
To consider confidential recommendations
Additional documents:
Decision:
Purpose of the Report
The Ministry for Housing, Communities and Local Government (MHCLG) have launched a third round of the Local Authority Housing fund to run over the financial years of 2024/25 and 2025/26.
Reasons for the Decisions
The Cabinet is requested to fund various projects as detailed in the confidential report.
Options/Alternatives Considered
Alterative options are detailed in the confidential Cabinet report.
Decision
Cabinet resolved to:
1. Confirm acceptance of the grant from MCHLG.
2. Approves a capital investment of £934,000.
3. Delegate authority to the Director of Economy to agree and enter into a grant agreement with Cromwood Homes to deliver the homes, subject to the Subsidy Control regime.
4. Delegate authority to the Borough Solicitor, or his nominated representative, to formalise any necessary legal requirements including signing and/or sealing any documentation required to give effect to the recommendations and/or delegations in this report.
5. Delegate authority to the Director of Economy or his nominated representative to approve the appointment of external legal advisors required to protect the Council’s interests and give effect to the recommendations in the confidential Cabinet report.
Minutes:
Cabinet considered the confidential recommendations in relation to agenda item 15 (Local Authority Housing Fund).
Cabinet resolved to:
1. Confirm acceptance of the grant from MCHLG.
2. Approve a capital investment of £934,000.
3. Delegate authority to the Director of Economy to agree and enter into a grant agreement with Cromwood Homes to deliver the homes, subject to the Subsidy Control regime.
4. Delegate authority to the Borough Solicitor, or his nominated representative, to formalise any necessary legal requirements including signing and/or sealing any documentation required to give effect to the recommendations and/or delegations in this report.
5. Delegate authority to the Director of Economy or his nominated representative to approve the appointment of external legal advisors required to protect the Council’s interests and give effect to the recommendations in the confidential Cabinet report.