The decision is to approve the use of £625K capital grant towards the purchase of 22 one bedroom flats. There is a further decision to approve borrowing of up to £1,675,000 from Public Works Loan Board towards the purchase of the 22 one bedroom flats.
Decision type: Key
Reason Key: Expenditure or savings greater than £500,000;
Decision status: For Determination
Notice of proposed decision first published: 04/12/2020
Decision due: January 2022 by Deputy Leader and Cabinet Member for Housing, Culture and Communities
Lead member: Councillor Steve Allen, Deputy Leader and Cabinet Member for Housing, Culture and Communities firstname.lastname@example.org
Lead director: Executive Director People and Communities Cambridgeshire and Peterborough Councils
Department: People and Communities
Contact: Michael Kelleher Email: email@example.com Tel: 01733 452586.
Consultation with MHCLG and Homes England
Relevant Scrutiny Committee: Growth, Environment and Resources Scrutiny Committee