Issue - meetings

Issue - meetings

Housing Infrastructure Fund: Forward Funding

Meeting: 05/02/2019 - EXECUTIVE (Item 113)

113 Biggleswade Housing Infrastructure Fund (HIF) Forward Funding pdf icon PDF 131 KB

 

The report seeks approval for the submission of a bid, in the form of a Strategic Outline Business Case, to secure funding from the Government’s HIF to support local infrastructure development and housing growth in Biggleswade.

Decision:

1.      That the submission of a bid to the Housing Infrastructure Fund administered by the Ministry of Housing, Communities and Local Government, to assist in delivering infrastructure to support development in Biggleswade, be approved.

2.      That the Director of Resources (s151 Officer) and the Director of Regeneration and Business be authorised, in consultation with the Executive Member for Regeneration and Business, to agree the final contents of the submission.

Minutes:

 

The Executive considered a report from the Executive Member for Regeneration that sought approval for the submission of a bid, in the form of a Strategic Outline Business Case, to secure funding from the Government’s Housing Infrastructure Fund (HIF) to support local infrastructure development and housing growth in Biggleswade. 

 

Work was underway to develop a Strategic Outline Business Case for submission to the Ministry of Housing, Communities and Local Government and Homes England by 22 March 2019.

 

Reason for decision:  A successful outcome for the bid for funding would provide the potential to progress strategic housing sites in Biggleswade and be a catalyst for unlocking future growth but in a way which led to improvements for local residents.

 

RESOLVED

 

1.      that the submission of a bid to the Housing Infrastructure Fund administered by the Ministry of Housing, Communities and Local Government, to assist in delivering infrastructure to support development in Biggleswade, be approved; and

 

2.      that the Director of Resources (s151 Officer) and the Director of Regeneration and Business be authorised, in consultation with the Executive Member for Regeneration and Business, to agree the final contents of the submission.

 

The decision was unanimous.