Issue details

Acquisition Fund for Housing Provision (previously Acquisition Fund For Housing Development)

To seek delegated approval to acquire and develop sites to meet our critical housing need across Herefordshire, enabling a quick response as opportunities arise, subject to the completion of a due diligence business case. In July 2024 full council approved an outline business case (appendix 1) to add £5m to the capital programme to enable the council to develop the critical housing provision we need in the county. The council faces an increasing demand for social housing provision, there is a lack of local provision to meet this need, as such people are being placed in temporary accommodation which isn’t fit for purpose and has significant additional costs.

Decision type: Key

Reason Key: Expenditure and strategic nature / impact on communities;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 04/09/2024

Decision due: 30 October 2024 by Cabinet member economy and growth

Lead member: Cabinet member economy and growth

Lead director: Corporate Director – Economy & Environment

Department: Economy and Environment

Contact: Roger Allonby, Service Director Economy and Growth Email: Roger.Allonby@herefordshire.gov.uk Tel: 01432 260330, Hayley Crane, Head of Service Housing Email: Hayley.Crane@herefordshire.gov.uk Tel: 01432 261919, Stephen Holland, Interim Head of Housing Development Email: stephen.holland@herefordshire.gov.uk.

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