Purchase of 15 units for affordable rent - Oaks Farm, Calow
Report of Councillor N Barker, Leader of the Council and Portfolio Holder for Strategic Leadership and Finance.
Key Decision (Paragrah 3)
Additional documents:
Decision:
RESOLVED - That Cabinet approved the proposed purchase of the 15 units at Oaks Farm, Calow.
REASONS FOR DECISION - Purchasing these units will help to meet the affordable housing need in this area and the District.
OTHER OPTIONS CONSIDERED AND REJECTED - The option of not purchasing the units was considered but rejected for the reasons specified in the report.
This is a Key Decision. The call-in period for the decision will run until Monday 5 February 2024
Minutes:
The report to Cabinet proposed that fifteen units should be purchased for affordable rent at Oaks Farm, Calow. Members supported the proposal and welcomed the contribution which the purchase would make towards achieving the Council Plan objective to increase the amount of accommodation for affordable rent in the District.
RESOLVED - That Cabinet approved the proposed purchase of the 15 units at Oaks Farm, Calow.
REASONS FOR DECISION - Purchasing these units will help to meet the affordable housing need in this area and the District.
OTHER OPTIONS CONSIDERED AND REJECTED - The option of not purchasing the units was considered but rejected for the reasons specified in the report.