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Decision details
Allocation of External Funding to Support Housing Delivery
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
1. Cabinet authorised the Executive Director, Growth & Regeneration in consultation with the Council’s s.151 Officer and Cabinet Member for Housing to enter into contract to draw down and spend the following external funding to support the delivery of new homes in accordance with the Corporate Strategy:
a. One Public Estate (OPE) 6 Land Release Fund £3,810,000
b. Accelerated Construction programme £4,904,135
c. WECA Feasibility & Development £800,000
d. WECA Early Investment Programme (EIP) (Hengrove) £8,000,000
e. Community Housing Fund £790,000
f. WECA Early Investment Programme (EIP) (Lockleaze) £4,300,000
2. Cabinet authorised the Executive Director for Growth & Regeneration, in consultation with Cabinet Member for Housing, to submit future external funding bids which will facilitate the delivery of new homes, infrastructure, and regeneration.
3. Cabinet authorised the Executive Director for Growth & Regeneration, in consultation with the Council’s s.151 Officer and Cabinet Member for Housing, to draw down external funding (including entering into appropriate contracts and grant agreements) and invest this funding to facilitate the delivery of new homes, infrastructure, and regeneration.
Report author: Colin Molton
Publication date: 05/02/2019
Date of decision: 05/02/2019
Decided at meeting: 05/02/2019 - Cabinet
Effective from: 13/02/2019
Accompanying Documents:
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