Purpose

Approval for the Housing Enabler Fund scheme to proceed through decision points 2 to 4 (business justification case). This scheme aims to provide revenue capability within the National Housing Delivery Fund programme to allow the Combined Authority to continue to support early work to de-risk sites ready for housing.

Decision

RESOLVED:– That the Combined Authority Board:

1. Approved that the Housing Enabler Fund revenue scheme proceeded through decision points 2 to 4 (business justification case) and work commenced on activity 5 (delivery).
2. Approved the Combined Authority’s funding of £5,500,000 for the Housing Enabler Fund. The total scheme cost was £5,500,000. This included a ring-fenced amount of £55,000 for monitoring and evaluation, release of which was delegated to the Combined Authority’s Chief Executive, in consultation with the Mayor.
3. Approved a delegation to the Combined Authority’s Chief Executive, in consultation with the Mayor, to sign Funding Agreements between the Combined Authority and partners for the Housing Enabler Fund scheme.
4. Approved that future approvals were made in accordance with the assurance pathway and approval route outlined in the report, subject to the scheme remaining within the tolerances set out.