The Director of Regeneration reported upon the award of grant by the Department for Communities and Local Government (DCLG) to the Council, to establish a Repossession Prevention Fund to enable the Housing Options Team to offer small loans, where possible, to households who were at risk of homelessness through repossession or eviction, in order to enable them to remain in their home. He outlined the guidance received from the DCLG and set out a list of examples of where the fund could be used to reduce repossessions and evictions.

Resolved – That the grant of £123,000 awarded to the Council by DCLG be used to establish a Repossessions Prevention Fund, to be managed and administered by the Housing Options team within the Regeneration Department.