Issue details

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

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

Decision type: Budget and policy framework

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 10/07/2024

General exception notice

This item is subject to the General Exception procedure. It is proposed to take a key decision on the decision date shown below. It would be impracticable to defer the decision. This notice has been issued to the chairman of the relevant overview and scrutiny committee.

Reason for urgency:
Delaying the decision would not be in the public interest as delaying the decision limits the Council's ability to react as needed to purchase housing or land.

Decision due: 26 July 2024 by Council

Considered on: 18 July 2024 by Cabinet

Lead member: Cabinet member finance and corporate services

Lead director: Chief executive

Department: Corporate Support Centre

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

Agenda items

Documents

  • Addition of Capital Budget for Housing Provision