Issue details

Issue details

Housing Infrastructure Funding Update

Cabinet, on 19 September 2023, resolved to:

1.        Delegate authorityto the Head of Regeneration and Economy, in consultation with the Deputy Leader (Statutory) – Finance and Asset Management, the Head of Financial Services / S151 Officer and the Head of Law and Governance to finalise the drafting of, and subsequently enter into, a Deed of Variation withHomes England in respect of the HIF funding for Osney Mead;

 

2.        Delegate authority to the Head of Regeneration and Economy, in consultation with the Deputy Leader (Statutory) – Finance and Asset Management, the Head of Financial Services / S151 Officer and the Head of Law and Governance to finalise the drafting of agreements and enter into ancillary grant agreements with Oxfordshire County Council and the Environment Agency and take any other steps necessary to enable or facilitate the claiming of the HIF funding;

 

3.        Delegate authority to the Head of Regeneration and Economy in consultation with the Deputy Leader (Statutory) – Finance and Asset Management, the Head of Financial Services / S151 Officer and the Head of Law and Governance to finalise the drafting of, and subsequent enter into, a Deed of Variation with Homes England in respect of the HIF funding for Blackbird Leys; and

 

4.        Delegate authority to the Head of Regeneration and Economy in consultation with the Deputy Leader (Statutory) – Finance and Asset Management, the Head of Financial Services / S151 Officer and the Head of Law and Governance to finalise the drafting of an agreement with Peabody, either as a separate agreement or as part of the Development Agreement (between Peabody and the Council)  and to take any other necessary steps to enable or facilitate the claiming of HIF funding associated with the Blackbird Leys Regeneration scheme.

Decision type: Key

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

Decision status: For Determination

Notice of proposed decision first published: 01/08/2023

Anticipated restriction: Part exempt  -

Decision due: 13 Sep 2023 by Cabinet

Decision due: Before 31 Dec 2025 by Head of Regeneration and Economy

Lead member: Deputy Leader (Statutory) - Finance and Asset Management

Lead director:

Department: Regeneration and Economy

Contact: Jenny Barker, Regeneration Manager Email: JBarker@oxford.gov.uk.

Agenda items