Issue - decisions
Local Authority Housing Fund Round Two Application
14/08/2023 - Local Authority Housing Fund Round Two Application
The Chief Executive Resolved to:
1. Approve the signature of the Memorandum of Understanding (‘MoU’) with government in respect of round two of the Local Authority Housing Fund (‘ LAHF’);
2. Agree to accept the further proposal from Cottsway Housing to fulfil the requirements of the LAHF on behalf of the Council in respect of the delivery of a further 4 additional affordable homes;
3. Agree to continue to pursue additional government funding for a further three units of affordable housing and if offered approves the subsequent amendment to the MoU;
4. Agree to passport the funding received by the Council to Cottsway Housing underpinned by a funding agreement setting out the relevant grant terms;
5. Agree to provide funding (if necessary) from relevant refugee budget to fit out properties to an appropriate standard for affordable provision as set out in paragraph 4.2 of the report;
6. Agree to bring a report back to the Executive to consider an allocation of S106 funding if the LAHF funding for an additional three units does not come forward from government.