The decision recommended is that the Council
agrees to re-establish a Housing Revenue Account, enabling the
authority to begin a programme of housing development and
acquisition of affordable social housing to meet local housing
need.
Decision type: Key
Reason Key: Expenditure or savings greater than £500,000;
Decision status: For Determination
Wards affected: (All Wards);
Notice of proposed decision first published: 16/10/2020
Decision due: June 2021 by Cabinet
Lead member: Cabinet Member for Housing, Culture and Recreation
Lead director: Executive Director Place and Economy
Department: Place and Economy
Contact: Mohamed Hussein, Director - Housing Needs and Supply, Email: mohamed.hussein@peterborough.gov.uk, 07866474953.
Consultation process
This decision follows and earlier decision of
the Council to explore the option of re-opening the Housing Revenue
Account. The decision to move forward with the proposal has been
shared with local Housing Associations for comment.
Relevant Scrutiny Committee: Growth, Environment and Resources Scrutiny Committee