Decision details

Greater Manchester Housing Investment Loans Approvals

Decision Maker: Greater Manchester Combined Authority

Decision status: Recommendations Approved

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, be approved:

 

BORROWER

SCHEME

DISTRICT

LOAN

SPV subsidiary of Albell Investment Ltd

All Souls Rectory, Every Street

Manchester

£1.000m

Waterside Places

Islington Wharf Phase 4

Manchester

£8.300m

 

2. 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: 30/03/2021

Date of decision: 26/03/2021

Decided at meeting: 26/03/2021 - Greater Manchester Combined Authority

Effective from: 06/04/2021

Accompanying Documents: