The Head of Regeneration Delivery introduced the report of the Director of Regeneration and Place which sought approval for a capital request for up to £2.255 million for Hind Street Urban Village. The report noted that these costs were crucial for the Council to reach a point by which it could enter a grant funding agreement with Homes England and Liverpool City Region Combined Authority. No further capital funding was anticipated to be required for the delivery of Phases A and B of the development of the Hind Street Urban Village. A further capital request would be made to support land assembly costs and a two form primary school in 2025. £1.439 million of capital funding was expected to be recovered in the current financial year.

Resolved – That the Policy and Resources Committee be recommended to allocate capital funding of £2.255 million to be utilised for the Hind Street Urban Village scheme.