Issue details

INCREASING THE SUPPLY OF NEW AFFORDABLE HOUSING: LOCAL AUTHORITY HOUSING FUND TO SECURE 8 NEW AFFORDABLE HOMES

The council has previously successfully bid for and received £3m in LAHF funding to deliver 27 new homes.  DLUCH has since contacted the Council to explore whether it could increase the delivery of temporary accommodation as per the objectives of LAHF round 2; the Council has identified that it could deliver 8 more units within the terms of the agreement.

 

This report seeks approval for the use of £1.928m to secure 8 affordable housing units across the city, funded from £867k of grant (Local Authority Housing Fund) and £1.061m of HRA borrowing. This will be used to meet the needs specified in the grant conditions, notably to alleviate pressures on homelessness services.

 

Decision type: Key

Reason Key: Capital Expenditure > £1M;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 11/04/2024

Open/Exempt: Open;

Lead member: Councillor Elly Cutkelvin, Deputy City Mayor - Housing, Economy, and Neighbourhoods elly.cutkelvin@leicester.gov.uk

Lead director: Chris Burgin

Department: Housing

Contact: Simon Nicholls Email: Simon.Nicholls@leicester.gov.uk.

Decisions