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Grant funding award to United Communities Housing Association for the development of 40-48 Midland Road, Old Market, Bristol, BS2 0JY for the delivery of affordable housing,
12/01/2021 - Grant funding award to United Communities Housing Association for the development of 40-48 Midland Road, Old Market, Bristol, BS2 0JY for the delivery of affordable housing,
Approves the grant allocation to United
Communities Housing Association of £2,750,000 for the
development of 30 affordable rented homes (£2,250,000) and a
supplementary grant (£500,000), in accordance with the
Affordable Housing Funding Policy. The supplementary grant
providing for the installation, for the whole scheme (of 50
affordable homes in total), a high level of insulation to improve
airtightness (equivalent to Passivhaus standards) and connection to
the city centre heat network. This decision is made under delegated
authority for the award of grant (including those in excess of
£500,00) to support the delivery of affordable housing
approved by Cabinet on 7th March 2017 and supersedes any previous
decision in relation to this scheme.