Decision details

Addition of Capital Budget to provide an Acquisition Fund for Housing Provision

Decision Maker: Cabinet

Decision status: Recommend Forward to Council

Is Key decision?: No

Is subject to call in?: No

Purpose:

To recommend to Council for approval the addition of a £5m capital budget to enable delivery of housing provision.

Decision:

That: the following be recommended to Council

a) To approve the addition of £5m to the capital programme for housing provision

Alternative options considered:

It is open to Cabinet to recommend alternative capital investment options to Council. As an amendment to proposals put forward by Cabinet, any amendment would either require the consent of the Leader of the Council or further consideration by Cabinet, before a decision could be taken in accordance with budget and policy framework rules.

Wards Affected: (All Wards);

Contact: Karen Morris, Strategic Capital Finance Manager Email: karen.morris1@herefordshire.gov.uk Tel: 01432 261865.

Publication date: 18/07/2024

Date of decision: 18/07/2024