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£10m plans approved to build more affordable homes in city
10:30am Wednesday 2nd October 2013 in News
A £10m bid to buy new houses for the homeless in Oxford has been approved by councillors.
Plans to spend £10m buying up to 55 properties in the city were approved by Oxford City Council on Monday.
The council currently houses abut 120 separate people or families in temporary accommodation such as bed and breakfasts.
But it fears that figure may rise and it wants to spend the money buying properties on the open market, to be leased out at housing benefit rates or on an assured shorthold tenancy.
The proposals won cross-party support at the meeting in the Town Hall.
Green councillor Craig Simmons raised questions about the detail of the bid, but said: “I think it’s a sensible proposal.”
Executive member for housing, Labour councillor Scott Seamons, said the new homes would replace existing homeless housing, some of which is due to be demolished to pave the way for social housing.
He said: “We are buying up new properties which we will rent out. These will replace the current properties we actually own.”