Issue - meetings
Test 5
Meeting: 05/07/2023 - Cabinet (Item 6.)
6. RESPONSE TO URGENT NEED FOR HOUSING ACCOMMODATION - PROPERTY ACQUISITION 
PDF 798 KB
Division/Wards Affected: All
Purpose: To seek authorisation to proceed with the purchase of a residential, family property in Abergavenny to enable the Council to alleviate the pressures with homelessness and the reliance on unsuitable Temporary Accommodation, for example Bed and Breakfast.
Author: Frances O’Brien – Chief Officer, Communities and Place
Cath Fallon – Head of Enterprise and Community Animation
Contact Details: FrancesOBrien@monmouthshire.gov.uk
Cathfallon@monmouthshire.gov.uk
Additional documents:
- 230705 EXEMPT Appendix One Business Case Property Purchase Abergavenny , View reasons restricted (6./2)
Decision:
That Cabinet approves the acquisition of the property, utilising Social Housing Grant and drawing on the existing borrowing headroom and budget envelope of the capital programme, to address the purchase price shortfall.