Issue details

Proposal for delivering more affordable homes through Right to Buy (RTB) buyback

 

 

To mitigate the effect on the supply of council housing lost through approximately 200 RTB acquisitions each year and to enable the provision of larger family homes in a rising market, the decision is to approve the purchase of properties with a capped negative Net Present Value (NPV) under certain circumstances.

Decision type: Key

Reason Key: Expenditure>£500,000 and affects2 or more wards;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 08/09/2021

Anticipated restriction: Part exempt  -

Decision due: 12 Oct 2021 by Cabinet

Lead director: Naz Parkar

Department: Housing and Highways

Contact: Helen Martland 01484 221000 Email: helen.martland@kirklees.gov.uk.

Consultation process

Senior Management Team (SMT), Senior Leadership Team (SLT), Portfolio Holder Briefing (PHB), Executive Team, Leadership Management Team

Consultees

Senior Management Team (SMT), Senior Leadership Team (SLT), Portfolio Holder (PH), Executive Team, Leadership Management Team

 

Members/Officers Involved: Anthea Daley - Housing Growth Team Leader Asad Bhatti - Head of Building Safety

Decisions

Agenda items

Documents