Decision Maker: Greater Manchester Combined Authority
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
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.
Publication date: 25/03/2024
Date of decision: 22/03/2024
Decided at meeting: 22/03/2024 - Greater Manchester Combined Authority
Effective from: 04/04/2024
Accompanying Documents: