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Brighton council partnership plan to fund housing improvements

Plans by Brighton and Hove Council to establish a local delivery vehicle to help fund future social housing improvements are expected to be given the go-ahead next week.

Under the proposal, the council would lease 106 vacant temporary accommodation properties to the “vehicle” in the first year, followed by up to 393 more empty properties over the following four years.

The leases would be for 125 years and would allow for a 30 year ‘break’ clause giving the council the option of taking back the properties at an earlier date.

The council said the move would open up access to as much as £45 million in capital funding for refurbishment projects.

The plans will go before the housing consultative management committee on 23 September, then the council’s cabinet for approval the following day.

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