This document defines the scheme for the provision of an interest-free loan to adoptive/fostering households, who wish to extend or convert their homes in order to offer a wider range or number of placements to CBC children in care.

That the Foster Carers Loan Scheme be approved.

The Executive considered a report from the Executive Member for Families, Education and Children setting out the scheme for the provision of an interest-free loan to adoptive/fostering households, who wished to extend or convert their homes in order to offer a wider range or number of placements to the children in care.

In response to questions, the Executive Member for Families, Education and Children confirmed that all the appropriate checks would be in place to ensure that the loan would be repaid back to the Council. 

Reason for decision:  To enable the Council to have a scheme to allow carers to access loans for extensions and adaptations to their homes to support the Council in looking after the children in care.

RESOLVED

that the Foster Carers Loan Scheme be approved.

The decision was unanimous.