Decision details

Greater Manchester Housing Investment Loans

Decision Maker: Greater Manchester Combined Authority

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

1.      That approval be given to the GM Housing Investment Loans Fund loan detailed in the table below, as detailed further in this and the accompanying Part B report:

BORROWER

SCHEME

DISTRICT

LOAN

Stubshaw Gardens (Woods Lane) Ltd

Stubshaw Gardens

Wigan

£2.154m

 

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.

 

3.      That authority be delegated to the Chief Executive Officer, GMCA & TfGM to approve projects for GMHILF funding and agree urgent variations to the terms of GMHILF funding in the period 25 March 2023 to 25 May 2023.

 

4.      That it be noted that any recommendations that are approved under the delegation will be reported to the next available meeting of the Combined Authority.

 

Publication date: 27/03/2023

Date of decision: 24/03/2023

Decided at meeting: 24/03/2023 - Greater Manchester Combined Authority

Effective from: 04/04/2023

Accompanying Documents: