Right to Buy Social Mobility Fund: prospectus
This prospectus invites councils to bid for funding so that they can offer cash incentives to tenants eligible for Right to Buy.
Applies to England
Documents
Details
The Department for Communities and Local Government is making up to £42 million available in 2015 to 2016, through the Right to Buy Social Mobility Fund, to help council tenants who are eligible for Right to Buy to purchase a home of their own.
This prospectus sets out the bidding process for stock-owning English local authorities in 2015 to 2016.
Successful bidders will be allocated a share of the available funding and grants will be paid under section 31 of the Local Government Act 2003.
The deadline for submitting bids is 18 March 2015.