Loan Facility Agreement with TBG Open Door Limited to facilitate the purchase of the Touchpoint Housing LBB Portfolio

August 31, 2024 Interim Chief Executive (Officer) Key decision Awaiting outcome View on council website

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Summary

...to facilitate the purchase of the Touchpoint Housing LBB portfolio, the Interim Chief Executive agreed to the terms and authorized the signing of a £20.6m loan facility agreement with TBG Open Door Limited.

Full council record

Decision

  1. 1.     To agree the terms, and authorise the signing, of the £20.6m loan facility agreement with TBG Open Door Limited.

Supporting Documents

Touchpoint Housing Loan Agreement-c.pdf

Details

OutcomeFor Determination
Decision date31 Aug 2024