Decision details

Greater Manchester Housing Investment Loans Fund - Investment Approval Recommendations

Decision Maker: Greater Manchester Combined Authority

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

  1. That the GM Housing Investment Loans Fund loans detailed in the table below and as detailed further in this and the accompanying Part B report be approved:

 

BORROWER

SCHEME

DISTRICT

LOAN

Greengate Investments 1 Ltd

Collier’s Yard, Greengate

Salford

£37.562m

Great Jackson Street Investments Ltd

The Blade

Manchester

£32.438m

 

  1. That authority be delegated to the GMCA Treasurer acting in conjunction with the GMCA Monitoring Officer to prepare and effect the necessary legal agreements.

 

Publication date: 22/12/2020

Date of decision: 18/12/2020

Decided at meeting: 18/12/2020 - Greater Manchester Combined Authority

Effective from: 01/01/2021

Accompanying Documents: