Issue - decisions

Variation to the Large Scale Voluntary Transfer Agreement (LSVT) with Herefordshire Housing Ltd

03/11/2016 - Variation to the Large Scale Voluntary Transfer Agreement (LSVT) with Herefordshire Housing Ltd

Recommendation(s)

 

THAT:

 

(a)   a variation of the LSVT with HHL be approved to waive the clawback of capital receipts by the council where up to 20 properties are sold, conditional upon those properties meeting specified criteria for disposal and all net receipts from sales being invested in new social and affordable housing in Herefordshire; and

 

(b)   the director for adults and wellbeing be authorised to determine the criteria and conditions to which the waiver will be subject in allowing disposals.