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Decision details

HIF Grant to Southmead Development Trust for pre-development infrastructure works at Glencoyne Square

Decision Maker: Executive Director: Growth and Regeneration

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To facilitate the provision of community-led affordable housing and community space.

Decision:

BCC will grant £458,855 to Southmead Development Trust (SDT) for pre-development infrastructure abnormal works at Glencoyne Square, following a separate grant of £281,145 for pre-development related costs in support of a new planning application. This grant is being made separately following Homes England’s recent approval of the re-allocation of further funding for development abnormals. This will support the delivery of community-led affordable housing, a new library, and community space. This funding is provided by Homes England through a £3.6m Housing Infrastructure Fund grant, and the funding re-allocation has been agreed in principle and a deed of variation on the contract is underway. Cabinet approved the acceptance and expenditure of the HIF grant on 3 July 2018, with an update on 2 July 2019.

Alternative options considered:

Option 1 - In the original funding baseline, part of this funding had been allocated to heat pump infrastructure; however, it is unclear at this point as to whether this system will be used for heating/cooling. In consultation with the development partners, it was decided that this funding would be better spent on infrastructure works and agreement in principle has been obtained from Homes England. A deed of amendment to the original HIF grant agreement is being finalised.
Option 2 -
Option 3 -

Publication date: 11/10/2022

Date of decision: 10/10/2022