Housing Query

The request was successful.

Dear North Lincolnshire Council,

Q1. We are looking to find out if the council has done either of the models below for housing.

• Sale and Leaseback – Leaseback, short for "sale-and-leaseback", is a financial transaction in which one sells an asset and leases it back for the long term; therefore, one continues to be able to use the asset but no longer owns it.

• Income Strip – At its simplest, an income strip investment combines a strong tenant covenant, with a long-term lease and a forward funding arrangement to give an investor a stable and secure income stream. The strong tenant covenant frequently comes from the public sector such as local councils, and the long-term lease often runs between 30 and 50 years.

Q2. Can you advise of weekly rents paid for the following?
1. Temporary accommodation for homeless relief
2. Extra care housing (not including any service charge elements, just the core rent)
3. Housing / Beds for adults with complex needs

Q3. Does the council own any land or disused buildings that they would be prepared to sell and or re purpose?

Yours faithfully,

Debbie Connal

Information Governance Team,

Dear Debbie Connal,

Thank you for your request which was received on 3rd March. The estimate
response date for your request is the 31st March.

Should you have any queries, amendments or additions relating to this
request, please remember to quote the reference number above in any future
communications.

Yours Faithfully

Information Governance Team
North Lincolnshire Council

Information Governance Team,

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    Information Disclosure FOI2023 00375.odt

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Dear Debbie Connal,

I am writing in response to your request for information, that was
received on the 3rd March. Please find our Information Disclosure letter
attached.

If we can be of any further assistance with regard to this request please
let us know quoting the above reference number.

Yours sincerely,

Information Governance Team
North Lincolnshire Council