Agenda item

Report of the Chief Grants Officer.

TheCommitteereceivedtheregularprogressreport oftheChiefGrantsOfficer and discussed the updates given, including the definition of “affordable” homes. Members noted, in particular, that the East London Bond monies did not originate from the main grants budget and were, therefore, not available for further grant-making. Officers advised that the Stepping Stones Fund had received 36 applications, 23 of which had been shortlisted to submit detailed proposals. As agreed by the Committee at their meeting in January 2015, authority was delegated to the Chief Grants Officer, in consultation with the Chairman and Deputy Chairman, to inform unsuccessful stage one applicants for the Stepping Stones Fund. Members noted that prospective partners, including Livery companies, were being engaged regarding possible future collaboration.

RESOLVED – That the report be noted.