Decision details

The business case to invest £15.4m to purchase approximately 100 houses to let to Gwynedd residents on an affordable rent was approved with every purchase to demonstrate its own financial viability on a case-by-case basis.

It was agreed that the Head of Housing and Property in consultation with the Head of Legal Services and the Head of Finance Department review the statutory arrangements for implementing the Scheme following the publication of revised Government Housing Revenue Account Guidance and report further to Cabinet if additional decisions are needed.