Exempt – Acquisition of Temporary Accommodation

Cabinet report seeking approval to acquire 4 properties as Council-owned temporary accommodation. Total cost £1,068,000 (3-bed £285k, 4-bed £340k, 2-bed terrace £245k, 2-bed flat £198k). Funded: £600k from Homelessness Prevention Capital Reserve + £468k PWLB borrowing. Reduces weekly cost per household from £380 to ~£195. Net annual saving ~£97k. Full payback: 11 years.