Issue - decisions

Council intervention in the local Supported Housing Market to acquire five supported housing schemes

09/06/2023 - Council intervention in the local Supported Housing Market to acquire five supported housing schemes

1.         To agree that Appendices 1, 2 and 3 are not for publication on the basis that they contain information relating to the financial or business affairs of any particular person (including the authority holding that information) as set out in paragraph 3 of Schedule 12A of the Local Government Act 1972 (as amended).

 

2.         To approve one off capital investment for the acquisition of five properties (including purchase price, legal fees and stamp duty) as detailed in exempt Appendix 1, to be funded from borrowing.

 

3.         To enter into the contract for sale and transfer deeds for each property with Shepherds Bush Housing Association

 

4.         To approve the novation of Housing Management Contracts between current providers and Shepherds Bush Housing Association to the Council, to enter into the associated novation agreements and to delegate to the Assistant Director of Legal Services in consultation with the Assistant Director of Research & Innovation the terms of such further Housing Management Contracts as are required with the same providers when they expire.

 

5.         To note the implications of the Greater London Authority grant associated with the properties explained in paragraph 7.