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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.