Issue - meetings

GM Housing Investment Approvals

Meeting: 28/05/2021 - Greater Manchester Combined Authority (Item 14.)

14. GM Housing Investment Loans Fund - Investment Approval Recommendations pdf icon PDF 397 KB

Report of Salford City Mayor Paul Dennett, Portfolio Lead for Housing, Homelessness and Infrastructure.

Additional documents:

Decision:

1.   That the GM Housing Investment Loans Fund loans detailed in the table below, and detailed further in this and the accompanying Part B report be approved; 

 

BORROWER

SCHEME

DISTRICT

LOAN

Belmont Property Investments Ltd

Park Rd, Prestwich

Bury

£1.253m

 

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.