Decision details

1.      That approval be given for a £5m loan into a newly created Greater Manchester Key Worker Fund, to be managed by Places for People’s investment arm – Thriving Investments Limited.

2.      That the use of £2m to refinance the Greater Manchester Housing Investment Fund investment from Hive Homes (Greater Manchester) LLP be approved.

3.      That the proposed £0.5m equity investment to Step Places for the third phase of the Bolton Moor Lane development be approved.

4.      That authority be delegated to the GMCA Treasurer, in consultation  with the GMCA Solicitor & Monitoring Officer, to prepare and effect the necessary legal agreements.