First Wave Housing Ltd (FWH) Business Plan 2024 - 25
March 11, 2024 Cabinet (Cabinet collective) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Cabinet decided to approve the 2024-25 First Wave Housing Ltd Business Plan and the 2024-25 Service Level Agreement between First Wave Housing Ltd and the Council on 11 March 2024. The decision included approving the business plan and financial model as Guarantor of the Company.
Full council record
Purpose
This report provides Cabinet with a final draft of the First Wave Housing Ltd (FWH) 2024/25 Business Plan. Cabinet is asked to approve the Business Plan on behalf of the Guarantor.
Decision
Having noted the introductory comments made by Andrew Hudson (as Chair of the i4B and First Wave Housing (FWH) Ltd Boards) under the previous item including the focus of FWH (working with the Council) in seeking to maximise the opportunities identified through any additional streams of grant funding, Cabinet RESOLVED:
(1) To approve the 2024-25 First Wave Housing Ltd Business Plan and financial model as Guarantor of the Company.
(2) To approvethe 2024-25 Service Level Agreement between First Wave Housing Ltd and the Council.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 18 March 24
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 11 Mar 2024 |
| Effective from | 19 Mar 2024 |
| Subject to call-in | Yes |