Good Growth Fund Allocations - September 2026
September 25, 2026 Greater Manchester Combined Authority (Other) 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 Greater Manchester Combined Authority approved recommendations for the Good Growth Fund on 25 September 2026. The authority approved indicative allocations totalling £147.15 million for transport, city densification, innovation, and social and affordable housing projects. These decisions will support the delivery of 968 new homes and 48,771 square feet of new employment floorspace.
Full council record
Decision
- That the indicative allocation of £52.7m, to the recommended Transport projects, which will unlock 4 transformational growth projects across GM, as set out within the report, be approved.
- That the indicative allocation of £49.8m, to the recommended City Densification Fund projects, supporting delivery of 729 new homes, subject to the conditions set out within the report, be approved.
- That the indicative allocation of £25.69m, to the recommended Innovation projects, which will unlock 3 key innovations projects across GM, as set out within the report, be approved.
- That the indicative allocation of £19m, to the recommended subsidised loan project, as set out within this report, supporting the delivery of 60 new homes, be approved.
- That the indicative allocation of £3.96m, to the recommended Social and Affordable Housing project, supporting delivery of 144 affordable homes, as set out within the report, be approved.
- That the amendments to previously approved Good Growth Fund allocations and funding arrangements for existing schemes, as set out within the report, be approved.
- That the launch of the Good Growth Fund partnership approach with housing providers to support social and affordable housing delivery be noted.
- That the scheme approved under the Social & Affordable homes pilot via delegated authority since the last CA report be noted.
- That the approval of the investment into the acquisition of the Ashton Strategic Acquisition under delegated authority, as set out in the report be noted.
- That approval of the terms of a further Strategic Acquisition in Tameside be delegated to the Interim Group Chief Executive and Group Chief Finance Officer.
- That update on the approach to securing social value through the Good Growth Fund, as set out within the report, be noted.
- That prioritisation methodologies used to appraise the funding allocations recommended in the report, as set out in Appendix 1 be noted and have been publicly available at https://www.greatermanchester-ca.gov.uk/what-we-do/economy/greater-manchester-good-growth-fund throughout the call period.
Related Meeting
Greater Manchester Combined Authority - Friday, 25th September, 2026 10.30 am on September 25, 2026
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 25 Sep 2026 |