Decision details

GM Housing Investment Loan Fund 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

Cityheart Limited & Rise Homes Ltd

Stockport Interchange

Stockport

£21.500m

Northstone Development (Pemberton) Limited

Pemberton, Wigan

Wigan

£10.800m

 

Northstone Development (Pemberton) Limited

Garnet Fold, Bolton

Bolton

£6.800m

 

 

 

 

 

 

  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: 14/09/2021

Date of decision: 10/09/2021

Decided at meeting: 10/09/2021 - Greater Manchester Combined Authority

Effective from: 21/09/2021

Current call-in Count: 0

Accompanying Documents: