Issue details

Issue details

Entering into a funding agreement to provide grant for the provision of affordable housing under the Oxfordshire Housing and Growth Deal to A2 Dominion Housing Group with respect to the Gibbs Crescent development

Agreement to provide grant funding of £2,150,000 to support this development.  The condition for the release of 90% of the funding has already been met (contractual start on site achieved, with the signing of the main build contract at the end of March 2022).  The remaining grant is to be paid on completion (in 2024/25).

Decision type: Key

Reason Key: Expenditure, income or savings of £500,000 or greater;

Decision status: Recommendations Approved

Notice of proposed decision first published: 08/08/2022

Decision due: 5 Aug 2022 by Executive Director (Development)

Lead member: Cabinet Member for Planning and Healthier Communities

Lead director: Executive Director (Development)

Contact: Dave Scholes, Affordable Housing Supply Corporate Lead Email: dscholes@oxford.gov.uk Tel: 01865 252636.

Decisions