Issue - decisions

GM Housing Investment Loan Fund Approvals

14/09/2021 - GM Housing Investment Loan Fund Approvals

 

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.