Issue - meetings

GM Housing Investment Loan Fund Approvals

 

 

Meeting: 10/09/2021 - Greater Manchester Combined Authority (Item 23.)

23. GM Housing Investment Loan Fund Approvals pdf icon PDF 848 KB

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

Additional documents:

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.