Decision details

Market to Affordable Housing Conversion Policy

Decision Maker: Cabinet

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To approve a policy for purchasing private properties and converting to affordable housing.

Decision:

1.      That the acquisition of market housing to convert to affordable housing to increase the housing stock as part of the Additional Social Housing Programme be approved.

2.      That the policy and criteria to identify and purchase suitable market housing units be approved.

3.      That authority be delegated to the Cabinet Member for City Assets and Housing in consultation with the Director of City Environment to agree the expenditure on individual property/land purchases.

4.      That authority be delegated to the Service Manager, Strategy and Policy and in their absence, the Housing Enabling Manager the decision to ‘decline’ a Right of First Refusal request.

5.      That the completed acquisitions of market housing which have been converted to affordable housing in 2019-2020 be noted.

Report author: Karen Beasley

Publication date: 04/06/2020

Date of decision: 03/06/2020

Decided at meeting: 03/06/2020 - Cabinet

Effective from: 10/06/2020

Accompanying Documents: