Decision

The UK council has decided to abandon the creation of a Special Purpose Vehicle for housing homeless households and will instead purchase 150 properties for temporary accommodation.

Analysis

outcome: The proposal for the SPV is no longer taken forward, and 150 properties will be purchased through the current approved capital budget for use as temporary accommodation.

summary: The decision involves the creation of a Special Purpose Vehicle to hold and lease housing to homeless households.

topline: The UK council has decided to abandon the creation of a Special Purpose Vehicle for housing homeless households and will instead purchase 150 properties for temporary accommodation.

reason_contentious: This issue may be contentious as it involves housing for homeless households, which can be a sensitive and politically charged topic.

affected_stakeholders: ["Homeless households", "Council members", "Local residents"]

contentiousness_score: 7

political_party_relevance: There may be implications of political influence as decisions around housing often have political undertones.

URL: https://moderngov.kingston.gov.uk/ieDecisionDetails.aspx?ID=5584

Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: RESOLVED that:   1)    The proposal to create a Special Purpose Vehicle (SPV) to hold and lease housing to homeless households is no longer taken forward.   2)    The 150 properties to be purchased through the current approved capital budget be held within the General Fund and used as temporary accommodation.   3)    Delegated authority be given to the Executive Director of Place in consultation with the Section 151 Officer and the relevant Portfolio Holder to purchase the 150 properties.

Date of Decision: June 25, 2026