This report sets out a proposal and seeks
approval to re-profile the Housing Revenue Account capital budgets
bringing forward monies to fund opportune housing acquisitions.
This re-profiling of budgets will allow for the acquisition of a
new build project in Wilnecote.
Decision type: Key
Reason Key: Spend or forego income or raise additional income or make savings > £100,000;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 04/06/2020
Decision due: 21 Jul 2020 by Council
Lead member: Portfolio Holder for Neighbourhoods
Lead director: Executive Director Communities
Contact: Paul Weston, Assistant Director Assets Email: paul-weston@tamworth.gov.uk.
Consultation process
Consultation with finance around funding
availability. Discussions with strategic housing leads in relation
to acquisition opportunities. Discussion with Portfolio Holder in
relation to proposals and opportunities.
Consultees
AD Finance
Executive Director - Finance
Executive Director - Communities