Decision details

To acquire and refurbish a property in Monmouth for the purposes of developing a supported accommodation provision for care experienced young people.

To utilise a Housing with Care Fund grant for the entirety of the capital expenditure associated with the acquisition and subsequent redevelopment of the property (subject to ministerial approval).

To the extent that Housing with Care Fund grant is not secured for the full amount requested, that any sum remaining to be funded is met from the £3m borrowing headroom agreed at Full Council meeting 18th April 2024 under a 10-year term.

To enter into a contract with a suitable external provider to provide the housing-based support for young people residing at the property.