Issue details

Open Market Purchases of Affordable Housing

This report presents both short-term and long-term leasing models through which the Council would lease affordable housing, purchased on the open market by private investment funds.

 

The paper seeks approval for the Council to enter into such leasing agreements with private investment funds to increase the supply of affordable housing.

Decision type: Key

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 14/09/2017

Decision due: 27 Nov 2017 by Housing and Growth Committee

Lead director: Deputy Chief Executive