28 Housing Acquisition Policy PDF 81 KB
Additional documents:
Minutes:
E Brooks presented this report explaining the decision making process which will consider whether each opportunity adds sufficient value to merit the required capital investment, based on the current service plan objectives and the future strategic development plans.
E Brooks explained that purchasing back old council houses is very unlikely. We can build cheaper than what we can buy back. Simon Smith is the Manager publishing the policy and the policy explains the financial side, we don’t have money sitting there to buy land.
E Brooks was happy to take questions on the report.
Cllr Bassadone asked if we were to buy a property back would we then re house them?
E Brooks replied no.
Cllr Mahmood said the policy is not clear if someone sells a home.
E Brooks said that the criteria in the policy will be made clearer before it goes to Cabinet.
Action: None
Outcome: Report was noted