Issue details

Acquisition of four family-sized properties

Decision to purchase four family-sized homes.

Decision type: Key

Reason Key: Expenditure/Income - Revenue between £500,000 and £5m and Capital between £1.5m and £5m;

Decision status: For Determination

Notice of proposed decision first published: 17/11/2023

This decision will be taken under urgency procedures.

Reason for urgency:
This decision is to purchase four family sized properties using funding from the refugee housing programme (for which a Leader’s Urgency report approved a capital budget in July 2023). It is important that the Council can exchange and complete on these acquisitions within the next week so that an urgent allocation can proceed, and the vendors do not begin to seek alternative buyers.

Report Type: Key Decision;

Decision due: Before 1 Dec 2023 by Strategic Director of the Economy Department

Department: The Economy department

Contact: Joe Coyne Email: joe.coyne@lbhf.gov.uk.