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Lewisham Homes Acquisition Programme and Loan Agreement

27/06/2019 - Lewisham Homes Acquisition Programme and Loan Agreement

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.