Issue - meetings

AGREED RECOMMENDATIONS

Reasons for decision - to assist the council’s commitment of ending homelessness in Islington
Other options considered – none
Conflicts of interest / dispensations granted - none

RESOLVED:

a)    That the borrowing of £21.48m within the Housing Revenue Account be approved to supplement the funding provided by the GLA/DLUH&C to enable the council to purchase 60 Ex Right to Buy two bedroom properties for homeless households;; and the borrowing of £10.362m within the Housing Revenue Account also be approved to supplement the funding provided by the GLA/DLUH&C to enable the council to purchase 10 x 3 bedroom and 10 x 4 bedroom Ex Right to Buy properties as part of the council’s Afghanistan humanitarian work.   

b)    That the capital funding totalling £4.5 million allocated to Islington Council by the DLUH&C/GLA be noted; and the purchase of 60 two bedroom former ex Right to Buy properties in Islington to accommodate homeless households with a local connection to Islington be approved; and the capital funding totalling £1.900m allocated to Islington Council by the DLUH&C/GLA be noted; and the purchase 10 x 3 bedroom and 10 x 4 bedroom former ex Right to Buy properties in Islington to accommodate people through the Afghanistan housing work be approved.

c)    That the funding and intention to commence the purchase of these properties immediately be noted.

d)    That the budget increases as outlined in paragraph 4.1.3 of the report be approved.

Reasons for decision - to assist the council’s commitment of ending homelessness in Islington
Other options considered – none
Conflicts of interest / dispensations granted - none