Decision details

Investing In New Affordable Homes - Funding Agreements With The GLA

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes


Entering into funding agreements with GLA to facilitate delivery of affordable housing in the borough.


1.    To approve entering into a funding agreement with the GLA for Building Council Homes for Londoners for funding of up to £15,308,000


2.    To delegate approval to enter into a funding agreement with the GLA for the Homebuilding Capacity Fund to the Strategic Director for Growth and Place, in consultation with the Cabinet Member for the Economy, for revenue funding of £230,000.


3.    To approve the entering into of a funding agreement with the GLA for Right to Buy Ring-fenced receipts for use for delivery of genuinely affordable homes.



Report author: Labab Lubab

Publication date: 04/06/2019

Date of decision: 03/06/2019

Decided at meeting: 03/06/2019 - Cabinet

Effective from: 10/06/2019

Accompanying Documents: