Issue - meetings

GM Housing Investment Approval

Meeting: 26/11/2021 - Greater Manchester Combined Authority (Item 15.)

15. Greater Manchester Housing Investment Loans Fund - Investment Approval Recommendations pdf icon PDF 591 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 loan detailed in the table below and as detailed further in this and the accompanying Part B report be approved.

 

BORROWER     SCHEME                DISTRICT    LOAN

 

Corbar Ltd          Aldersgate Rd,       Stockport      £1.464m

                           Great Moor

 

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.