Purpose

To approve the use of Affordable Housing
Commuted Sums Grant Funding to support the delivery of 50
affordable homes at the site of the former Tower Works in the
Armley ward.

Content

The Chief Officer Asset Management &
Regeneration has approved and granted authority to:
a)  The spend of
affordable housing commuted sums grant funding up to £750,000
to support the delivery of a 100% affordable scheme by Yorkshire
Housing’s of 50 new affordable homes for social and
affordable rent at the former Tower Works site in Armley and;
 
b)  For the Council to
enter into a grant agreement and nominations agreement with
Yorkshire Housing on the terms set out in this report.