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: