Issue - meetings

Rent support grants to third sector organisations

Meeting: 10/07/2018 - Cabinet (Item 7)

7 Award of a rent support grant to a Cheltenham Voluntary and Community Sector Organisation PDF 84 KB

Report of the Cabinet Member Finance

Additional documents:

Decision:

RESOLVED THAT

1. the following rent support grants be approved :

Applicant	Recommended rent support grant
Hesters Way Neighbourhood Project Neighbourhood Charity Shop 16-18 Hesters Way Road	A rent support grant of 36% of current market rent totalling £2,160 per annum.
Hesters Way Neighbourhood Project The Living Room Rowanfield Exchange	A rent support grant of 62% of the current market rent totalling £2,790
2. the Strategy and Engagement Manager be authorised to enter into rent support grant agreements with the applicants.

Minutes:

The Cabinet Member Finance introduced the report and explained that the council enabled voluntary and community sector to rent its properties through offering a rent support grant scheme. Applications were scored against four criteria with the amount of subsidy awarded being proportionate to the degree to which the applicant met the criteria.

Applications for rent support grants had been received from Hesters Way Neighbourhood Project for two properties,one for the Neighbourhood Charity Shop in Hesters Way Road and The Living in Devon Avenue as shown in appendix 2 & 3.

RESOLVED THAT

1. the following rent support grants be approved :

Applicant	Recommended rent support grant
Hesters Way Neighbourhood Project Neighbourhood Charity Shop 16-18 Hesters Way Road	A rent support grant of 36% of current market rent totalling £2,160 per annum.
Hesters Way Neighbourhood Project The Living Room Rowanfield Exchange	A rent support grant of 62% of the current market rent totalling £2,790
2. the Strategy and Engagement Manager be authorised to enter into rent support grant agreements with the applicants.