Council houses and flats worth more than £2.5 million are expected to be sold in Brighton and Hove in the current financial year.
The government receives 75 per cent of the proceeds of those sales under the “right to buy” scheme.
Brighton and Hove City Council gets to keep the remaining 25 per cent, meaning that the council has budgeted for receipts of £638,000 this year.
So far sales of council houses and flats have generated £408,000, of which £102,000 has been received by the council.
But at a meeting of the council’s cabinet at Hove Town Hall, Councillor Bill Randall, leader of the council, said that homelessness was rising, including the number of rough sleepers.