Right to Buy receipts (1)

Meeting: 
MQT on 2015-09-16
Session date: 
September 16, 2015
Reference: 
2015/2677
Question By: 
Darren Johnson
Organisation: 
City Hall Greens
Asked Of: 
The Mayor

Question

Can you confirm whether the £0.892 million of Right to Buy receipts allocated through MD 1281 to your Housing Covenant budget achieved your stated aim of a like-for-like replacement of the homes sold through Right to Buy?

Answer

Answer for Right to Buy receipts (1)

Answer for Right to Buy receipts (1)

Answered By: 
The Mayor

I can confirm that £0.892 million of Right to Buy receipts unspent by boroughs moved to the Housing Covenant Budget via MD 1281has been allocated to schemes and is expected to deliver 21 affordable homes.