Decision details

Decision details

Entering into a funding agreement to provide grant for the provision of affordable housing under the Oxfordshire Housing and Growth Deal to Legal & General Affordable Homes Ltd with respect to William Morris Close.

Decision Maker: Chief Executive

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Agreement to provide grant funding to support this development.

Decision:

To enter into a funding agreement to provide grant for the provision of affordable housing under the Oxfordshire Housing and Growth Deal to Legal & General Affordable Homes Ltd with respect to William Morris Close.

Reasons for the decision:

The conditions for the release of 90% of the funding have been met, and the development has already commenced on site.  The remaining grant is to be paid on completion.

Signed off by senior officers:

Caroline Green, Chief Executive.

Decision taken in consultation with Cllr Diko Blackings, Cabinet Member for Affordable Housing, Housing Security and Housing the Homeless; Cllr Ed Turner, Cabinet Member for Finance and Asset Management; Nigel Kennedy, Head of Financial Services; and Susan Sale, Head of Law and Governance.

Publication date: 06/07/2021

Date of decision: 08/04/2021

Effective from: 09/07/2021

Accompanying Documents: