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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