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Lewisham Homes Acquisition Programme and Loan Agreement

Meeting: 26/06/2019 - Mayor and Cabinet (Item 87)

87 Lewisham Homes Acquisition Programme and Loan Agreement pdf icon PDF 65 KB

Additional documents:

Decision:

Having considered an officer report, and a presentation by the Cabinet

Member for Housing, Councillor Paul Bell, the Mayor and Cabinet agreed that:

 

(1) provision of a loan of up to £5m be made to Lewisham Homes, on the

terms set out to enable the continuation of the acquisition programme to help

manage homelessness demand and contribute to meeting the requirements

of refugee families resettled in borough; and

 

(2) authority to finalise the terms of the loan agreement be delegated to the

Acting Chief Financial Officer.

Minutes:

Councillor bell noted that in addition to the housing benefits the proposals also

supported the Council’s commitments to accept refugee families. For this

initiative he was thanked by Councillor Bonavia who stated continued

proactive action was required. The Mayor added his thanks and confirmed

his intention that Lewisham should be regarded as the capital’s leading

borough for refugee resettlement.

 

Having considered an officer report, and a presentation by the Cabinet

Member for Housing, Councillor Paul Bell, the Mayor and Cabinet for the reasons set out in the report by a vote of 7-0:

 

RESOLVED that:

 

(1) provision of a loan of up to £5m be made to Lewisham Homes, on the

terms set out to enable the continuation of the acquisition programme to help

manage homelessness demand and contribute to meeting the requirements

of refugee families resettled in borough; and

 

(2) authority to finalise the terms of the loan agreement be delegated to the

Acting Chief Financial Officer.