Issue - decisions

FUNDING REQUEST FROM THE RIVERSIDE GROUP LIMITED

24/08/2018 - FUNDING REQUEST FROM THE RIVERSIDE GROUP LIMITED

(1)      Approve a grant payment of £1,082,744.40 of Right To Buy Receipts (RTBR) funds payable to the Riverside Group Limited, towards Riverside’s purchase of 46 new Affordable Rent homes, subject to Riverside entering into an Affordable Rent Grant Agreement with the council.

 

(2)      Approve the addition of £1,082,744.40 to the Housing Revenue Account Capital Programme for 2018/19.