Issue - meetings

Housing Investment Approvals

Meeting: 18/12/2020 - Greater Manchester Combined Authority (Item 17.)

17. Greater Manchester Housing Investment Loans Fund - Investment Approval Recommendations pdf icon PDF 407 KB

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

 

 

 

Decision:

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

 

BORROWER

SCHEME

DISTRICT

LOAN

Greengate Investments 1 Ltd

Collier’s Yard, Greengate

Salford

£37.562m

Great Jackson Street Investments Ltd

The Blade

Manchester

£32.438m

 

  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.