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GM Housing Investment Loans Fund – Investment Approval (Medlock Road)

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21/09/2022 - GM Housing Investment Loans Fund – Investment Approval (Medlock Road)

1. To approve a GM Housing Investment Loan Fund loan of £1.670m to Splash Developments Ltd for the construction of 8 houses on a site in Woodhouses, Oldham. This represents an increase of £70k on the loan approved for the scheme by the Combined Authority in July 2020.
2. To delegate authority to the GMCA Treasurer acting in conjunction with the GMCA Monitoring Officer to prepare and effect the necessary legal agreements.