Issue details
LAHF – Loan Interest Rate
To agree to use of a fixed loan interest rate
in respect of LAHF loans to the Council’s housing company, in
order to simplify administration of loans across the properties
being acquired under the LAHF scheme. This requires an update to
the loan facility agreement by a legal side letter to reflect the
change from using varying PWLB interest rates for each property
purchase.
Decision type: Non-key
Decision status: Approved
Notice of proposed decision first published: 27/03/2024
Decision due: 27 Mar 2024 by Executive Director - Resources
Contact: Andy Rothery, Chief Finance Officer (S151) Tel: 01225 477103.
Decisions
- 27/03/2024 - LAHF – Loan Interest Rate