Purpose

To approve the use of Affordable Housing Commuted Sums Grant Funding to support a Registered Provider partner in the delivery of 28 new affordable homes.

Decision

The Chief Officer Asset Management and Regeneraiton has approved and granted authority to

a)  the spend of affordable housing commuted sums funding up to £700,000 to support 54North Home’s proposal to deliver 28 new affordable homes for social rent and shared ownership at Wesley Road, Armley and

b)  for the Council to enter into a grant agreement and nominations agreement with 54North Homes on the terms set out in the attached report.