DWP has top sliced the New Homes Bonus budget
and allocated it to the London Enterprise Panel. Each London
Borough has then been required to bid for the funding top sliced
from their borough. For LBHF this is estimated as
£1.6m.
Activities have been required to align with LEP priorities. We have
bid for a mixture of enterprise, employment and planning
support.
This report gives detail of the programme and asks for agreement of
the Cabinet to accept the funding and deliver the programme of
activities.
Decision type: Key
Reason Key: Expenditure/Income over £5m & policies or new income, reserves use, overspend over £300K;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 30/10/2014
Report access: Open;
Decision due: 30 Mar 2015 by Cabinet
Lead member: Cabinet Member for the Economy
Department: The Economy department
Contact: Ingrid Hooley Email: Ingrid.Hooley2@lbhf.gov.uk Tel: 020 8753 6454.