Agenda item - Use of Right to Buy receipts for appropriation of properties to the HRA and grant to Homes for Brighton & Hove Limited Liability Partnership (LLP)

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Agenda item

Use of Right to Buy receipts for appropriation of properties to the HRA and grant to Homes for Brighton & Hove Limited Liability Partnership (LLP)

Report of the Executive Director of Neighbourhoods, Communities & Housing

 

Decision:

9.7      RESOLVED: That the Housing & New Homes Committee:

 

9.8      That the Housing & New Homes Committee notes that the following decisions have been taken by the Executive Director Neighbourhoods, Communities & Housing:

9.8.1   to appropriate Flat 1 Greenleas, Hangleton Valley Drive and The Bungalow, Drove Road Portslade from the General Fund to the HRA;

9.8.2   to make a transfer from the HRA of £0.548m to the General Fund in consideration for the appropriation referred to at 9.8 above;

9.8.3   to make a grant of £0.223m to the LLP.

9.9      That the Housing & New Homes Committee recommends to Policy, Resources & Growth that it agrees that the general fund will receive £0.112m less RTB receipts in 2019/20, therefore increasing the receipts available for use by the HRA.

 

Supporting documents:

 


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