Decision Maker:

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: June 23, 2025

Purpose:

Content: Salford City Council - Record of Decision   Transfer of RSAP and affordable homes developed by the Council at Tootal Grove to Derive RP.   I, Paul Dennett, City Mayor, in exercise of the powers contained within the City Council’s constitution do hereby;   Approve the disposal by the Council of 8 Rough Sleeper Accommodation Programme 2021-24 (“RSAP”) self-contained supported housing apartments and 13 Affordable Homes Programme 2021-26 (“AHP”) Social Rent homes at the Tootal Grove site to Dérive RP at the values set out in the report by way of freehold transfer. Note the use of grant funding from unsupported borrowing to bridge the viability gap of the Tootal Grove scheme. Approve the lending of £2,239,754 (inclusive of legal fees and associated costs) to Dérive RP to fund the acquisition of the 8 RSAP units and 13 affordable homes, subject to drawdown by the Council from Homes England of the agreed RSAP 2021-24 grant funding and the agreed AHP 2021-26 grant funding. Delegate authority to the Executive Director of Place in consultation with the S151 officer to: negotiate, agree, and finalise the detailed terms of the transaction, including such arrangements on estate management, repair and service charge and title matters. Authorise the Shared Legal Service to prepare all necessary documentation and to take all steps which are required to give effect to the above recommendations.   The Reasons:             To facilitate the sale and transfer of completed residential units and use of Homes England RSAP and AHP grant funding as released.   Assessment of Risk is low   The source of funding: Housing Capital Programme, with loan to be repaid by Derive RP over 40 year term.   Legal Advice obtained:  Kathryn Saldana and Sarah Waite, Shared Legal Service. Financial Advice obtained: Grace Rogerson, Capital Finance Manager   Procurement Advice obtained: n/a   HR Advice obtained: n/a   Climate Change Advice obtained: Mike Hemingway - Principal Officer – Climate Change.   All homes are being built to Passivhaus standard ensuring they are cheaper for residents to heat and result in significantly lower than average emissions.   The following documents have been used to assist the decision process: n/a   Public briefing report submitted to Property/Regen Briefing held on 23rd June 2025 Contact Officer: John Nugent Asst Principal Development Surveyor                              Email: john.nugent@salford.gov.uk     -       This decision is not subject to consideration by another Lead Member. -       The appropriate scrutiny to call-in the decision is the Growth and Prosperity Scrutiny Panel.                            Signed:                                                    City Mayor Dated:  23rd June 2025     This decision was published on  Thursday 26th  June 2025                                           This decision will come in force at 4.00 p.m. on  Thursday 3rd July 202 unless it is called-in in accordance with the Decision Making Process Rules.