*RESOLVED –
1. That the changes to the Strategic Housing Acquisitions and Right of First Refusal Policy be approved.
2. That the Assistant Director – Housing, in consultation with the Cabinet Member for Housing, be granted delegated authority to purchase properties that meet the requirements of the Strategic Acquisitions and Right of First Refusal Policy within the budget agreed in the Housing Capital Programme.
3. That the revised Strategic Acquisitions and Right of First Refusal Policy be reviewed after 12 months.
4. That, where any property being considered for purchase falls outside the criteria set out in the revised Strategic Acquisitions and Right of First Refusal policy, the Assistant Director – Housing and the Cabinet Member for Housing be required to consult with the Finance and Performance Board prior to exercising their delegated authority to make such a purchase.
REASON FOR DECISIONS
To ensure that the Council can deliver on the Council Plan objective to build or acquire a minimum of 100 new council homes.