Issue - decisions

Council received a report from the Housing Enabling and Development Manager, including the minutes from Cabinet.

Resolved –

1.      that a capital grant of £160,000 to Watford Community Housing is approved. This grant to be used to secure an alternate property for New Hope to deliver services currently delivered from 64 Rickmansworth Road.

2.      that the remaining capital receipt from the sale of 64 Rickmansworth Road be allocated to secure additional housing units. The sum allocated to be no greater than the total capital receipt profit, less the £160,000 committed to Watford Community Housing.

Resolved –

1.      that Cabinet recommends that Council provides a capital grant of £160,000 to Watford Community Housing. This grant to be used to secure an alternate property for New Hope to deliver services currently delivered from 64 Rickmansworth Road.

2.      that Cabinet recommends that Council allocates the remaining capital receipt from the sale of 64 Rickmansworth Road to secure additional housing units. The sum allocated to be no greater than the total capital receipt profit, less the £160,000 committed to Watford Community Housing.

Please note this recommendation from Cabinet is not eligible for call-in as the report is referred to Council on 16 July 2024 for a decision.