Issue - meetings

New Homes Opportunity (RHL)

 

 

Meeting: 01/12/2025 - Council (Item 14.)

Earl Park, Holmewood - New Homes Investment

Report of Councillor P Kerry, Deputy Leader of the Council and Portfolio Holder for Finance

 

(Paragraph 3)

Additional documents:

Meeting: 27/11/2025 - Cabinet (Item 11.)

New Homes To Rent Opportunity - Earls Park, Holmewood

Report of Councillor N Barker, Leader of the Council and Portfolio Holder for Strategic Leadership and Finance

Decision:

RESOLVED – That

 

1.     Cabinet approved RHL’s proposal to acquire 39 homes for rent at Earls Park Holmewood

 

2.     Cabinet recommended, to Council, borrowing of £5.553m to provide investment, in the form of a loan, to RHL to progress with the acquisition.

 

This was a Key Decision.  The call-in period for this decision would run until Thursday 4 December 2025.