Decision details

To seek approval for the use of up to £92,000 of Right to Buy Receipts (RTBR) towards the acquisition of a privately owned house on Richmond Close, Leicester, by One Roof Leicester (ORL), to be used as a shared house to accommodate three single people who have been homeless.

To approve: 

i.         The use of up to £92,000 of Right to Buy Receipts to grant aid One Roof Leicester in their purchase of a 3-person shared house; 

ii.        The addition of £92,000 to the HRA capital programme for 2024/25 financed from Right to Buy Receipts.

To enable One Roof Leicester to provide new Affordable Housing in the form of temporary accommodation with key worker support for people who have been homeless.

The options are to approve or reject ORL’s request for funding towards its proposal.  Approval would reduce the amount of financing available for Council-funded acquisitions but would still support in the delivery of much-needed accommodation, alleviating pressure on the Council's temporary accommodation costs