Issue - decisions

The Executive considered a proposal for the delivery of the Greater Manchester Housing Investment Fund (GMHIF) that would allow the Greater Manchester Combined Authority to take responsibility for the allocation of the Fund to help deliver increased housing in the conurbation, via each Greater Manchester local authority taking a proportion of the indemnity of the fund.

The Executive then agreed that in order to enable the establishment of the proposed GMHIF and to give effect to the decision of the Greater Manchester Combined Authority of 27 February 2015, the proposal to enter into a Deed of Indemnity on the terms set out in the report be approved and the Head of Legal and Democratic Governance be authorised to complete the necessary documentation.

(Note: the report including information ‘not for publication’ that had been circulated to executive councillors only)