Decision details

The board considered a report of the interim Executive Director of Housing, Property and Regeneration that sought approval of grant funding from the Brownfield Housing Fund to deliver 314, build to rent apartments in Coventry City Centre of which 20% would be affordable.

Ed Bradburn, West Midlands Development Capital, outlined key aspects of the report.

Resolved that:

1.    The grant investment under the Brownfield Housing Fund, for the sum specified in the report, to the applicant, as per the terms and conditions set out in the Project Case be approved;

2.    Authority be delegated to the interim Executive Director of Housing, Property and Regeneration to negotiate the terms of grant agreement in accordance with the terms set out in the Project Case be approved.