Issue details

Loan to Nottingham City Homes Registered Provider for Affordable Housing Acquisition

To approve the loan facility from NCC to NCH RP to acquire 14 affordable/social rented homes at Radford Bridge Allotments, Wollaton.

Decision type: Key

Reason Key: Expenditure, Income or Savings = £750k or more;

Decision status: For Determination

Wards affected: Wollaton West;

Notice of proposed decision first published: 21/05/2018

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
The public interest in maintaining the exemption outweighs the public interest in disclosing the information because it includes the bid price for the properties which if disclosed will prejudice the Council's position in negotiations relating to the acquisition, and future affordable housing acquisitions.

Decision due: 20 Nov 2018 by Executive Board

Lead member: PH - Cllr Jane Urquhart

Department: Development and Growth

Contact: Fran Cropper 0115 8763956 Email: fran.cropper@nottinghamcity.gov.uk.

Documents

  • Loan to Nottingham City Homes Registered Provider for Affordable Housing Acquisition