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Issue - decisions

Re-investing Right to Buy receipts in Affordable Housing

04/10/2012 - Re-investing Right to Buy receipts in Affordable Housing

The Report of the Portfolio Holder for Housing seeking agreement to the local retention of Right to Buy Receipts to support the delivery of affordable housing and to confirm the action of officers in signing the agreement to retain Right to Buy Receipts in order to meet CLG deadlines was considered.

 

RESOLVED:

That:

 

1

The retention of Right to Buy receipts locally to deliver new affordable homes be agreed, and;

 

2

The actions of officers in signing the agreement with CLG to retain Right to Buy receipts locally be retrospectively confirmed by Cabinet in order to meet the Government deadline of 12 noon on 26 September 2012.

 

 

(Moved by Councillor M Greatorex and seconded by Councillor D Cook)