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Decision details
Local Authority Housing Fund (LAHF) Round 2 – Stonewater Limited Grant award
Decision Maker: Executive Director: Growth and Regeneration
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
To grant £1.52m to Stonewater Limited
for the provision of 10 Houses to provide tenancies with affordable
rents for Afghan refugee resettlement and Temporary Accommodation
for homeless people as nominated by BCC for ten years, and
thereafter as general needs affordable housing.
In June 2023 The Department for Homes, Levelling Up and Communities
(DHLUC) launched the Local Authority Housing Fund round 2. BCC has
accepted the Local Authority Housing Fund grant of
£1,520,000. The council agreed to utilise the grant under the
Affordable Homes Policy. The LAHF Programme is delivering homes
under Project 1000 Affordable Housing Programme with Executive
Director for G
Decision:
To grant £1.52m to Stonewater Limited
for the provision of 10 Houses to provide tenancies with affordable
rents for Afghan refugee resettlement and Temporary Accommodation
for homeless people as nominated by BCC for ten years, and
thereafter as general needs affordable housing.
Alternative options considered:
Do Nothing
This is not an option as BCC has an ambition to create more
affordable homes. This initiative contributes to the Affordable
Homes Target. Do nothing is counter to BCC policies.
Publication date: 09/07/2024
Date of decision: 20/09/2023