Agenda item - Home Purchase Policy Update

25.1    An officer gave a brief overview of the Home Purchase Policy Update, it was stated that the update followed the review at Housing and New Homes Committee last September. The officer noted that following a year-long pilot, BHCC had purchased some properties and were proceeding with efforts to carry on this enterprise. The officer concluded by stating that more resources had been secured with an initial 2 million pounds having been provisionally agreed and an anticipated budget of 7 Million pounds.

25.2    A resident enquired if this was only for specific areas.

25.3    An officer clarified that this was an across the city purchase.

25.4    RESOLVED – that the panel note the report.