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GLA Affordable Housing Grant 2021-26

Meeting: 03/11/2021 - Mayor and Cabinet (Item 559)

559 GLA Affordable Housing Grant 2021-26 pdf icon PDF 65 KB

Additional documents:

Decision:

Having considered an open officer report, and a presentation by the Mayor,

the Mayor and Cabinet agreed that:

 

(1) the acceptance by the Council of £69.945 million in grant funding from the

GLA through the AHP 2021-26 be approved;

 

(2) authority be delegated to the Executive Director for Housing, Regeneration

and Public Realm in consultation with the Executive Director for Corporate

Resources and Director of Law, Governance and Elections to approve the

terms of and to enter into the grant agreement for the AHP 2021-26

programme funding;

 

(3) authority be delegated to the Director for Inclusive Regeneration to

substitute, amend and reconfigure the schemes within the AHP 2021-2026

programme, subject to remaining within the financial parameters of the AHP

2021-26;

 

(4) authority be delegated to the Director for Inclusive Regeneration to

authorise the submission of a further bid through the Continuous Market

Engagement (CME) process for the AHP 2021-26 for a minimum of a further

58 social rented homes, subject to the said bid being within the Building for

Lewisham agreed financial hurdles and parameters;

 

(5) £550,000 of S106 funds be allocated to the Achilles Street Regeneration

Project; and

 

(6) all schemes referenced shall come forward to subsequent Mayor and

Cabinet meetings for their necessary approvals as the projects progress.

Minutes:

Having considered an open officer report, and a presentation by the Mayor,

the Mayor and Cabinet for the reasons set out in the report and by a vote of

6-0:

 

RESOLVED that:

 

(1) the acceptance by the Council of £69.945 million in grant funding from the

GLA through the AHP 2021-26 be approved;

 

(2) authority be delegated to the Executive Director for Housing, Regeneration

and Public Realm in consultation with the Executive Director for Corporate

Resources and Director of Law, Governance and Elections to approve the

terms of and to enter into the grant agreement for the AHP 2021-26

programme funding;

 

(3) authority be delegated to the Director for Inclusive Regeneration to

substitute, amend and reconfigure the schemes within the AHP 2021-2026

programme, subject to remaining within the financial parameters of the AHP

2021-26;

 

(4) authority be delegated to the Director for Inclusive Regeneration to

authorise the submission of a further bid through the Continuous Market

Engagement (CME) process for the AHP 2021-26 for a minimum of a further

58 social rented homes, subject to the said bid being within the Building for

Lewisham agreed financial hurdles and parameters;

 

(5) £550,000 of S106 funds be allocated to the Achilles Street Regeneration

Project; and

 

(6) all schemes referenced shall come forward to subsequent Mayor and

Cabinet meetings for their necessary approvals as the projects progress.