A Yorkshire council is to buy back homes sold under the Right to Buy policy.
Selby District Council will buy up to 10 houses to meet the government’s one-for-one replacement target.
The council will use funding of £7,029,703 for affordable homes. This would make use of loans, Section 106 grants and HRA retained receipts.
A report to councillors said: “Implementing the acquisition of empty properties through voluntary purchase and buying back former council houses will generate additional rental income for the Housing Revenue Account (HRA) which will help to maintain the sustainability of the HRA.”
