Decision details

To increase funding for HPG grants for 2022/23 to £2.15m to bring to process a backlog of applications freeing up properties for reletting and to allow HPG grants to be funded independently from Social Homebuy receipts going forward.

RESOLVED:

1.  That an amendment to the policy for funding the home purchase grant scheme to enable it to be funded from all resources available to support the council’s housing investment programme where permitted rather than solely from capital receipts arising from social homebuy sales be approved.

2.  That a variation to the housing investment programme to make available a sum of £2,150,000 for the home purchase grant scheme in 2022-23 to allow the backlog of applications to be cleared be approved.