Referral of the proposed subsidy to Jomast Developments Limited by Tees Valley Combined Authority in relation to the Hartlepool Waterfront Housing Scheme
The Subsidy Advice Unit (SAU) has published a report providing advice to Tees Valley Combined Authority (TVCA) concerning its proposed subsidy to Jomast Developments Limited.
Administrative timetable
| Date | Action |
|---|---|
| 23 December 2024 | SAU’s report published |
| 25 November 2024 | Deadline for receipt of any third-party submissions |
| 11 November 2024 | Beginning of reporting period |
Final report
23 December 2024: The SAU has published its report providing advice to TVCA concerning the proposed subsidy to Jomast Developments Limited. The report sets out the SAU’s evaluation of TVCA’s Assessment of Compliance of its proposed subsidy with the requirements set out in the Subsidy Control Act 2022.
- Final report (23.12.24)
Request from TVCA
11 November 2024: The SAU has accepted a request for a report from TVCA concerning the proposed subsidy to Jomast Developments Limited. This request relates to a Subsidy of Particular Interest.
The SAU will prepare a report, which will provide an evaluation of TVCA’s assessment of whether the subsidy complies with the subsidy control requirements (Assessment of Compliance). The SAU will complete its report within 30 working days.
Information about the subsidy provided by TVCA
TVCA is providing £15 million of Brownfield Housing Fund funding to Jomast Developments Limited (Jomast). Funding will be available against agreed land remediation costs for the existing brownfield sites situated on Hartlepool Waterfront and on which the project will be brought forward by Jomast for the provision of a new 650 home community, with additional commercial space.
The project comprises seven sites in close proximity to each other and Hartlepool town centre. Jomast are seeking to develop the sites to deliver a residential led scheme with water frontage in the centre of Hartlepool, providing a mix of family, young professional, retirement and affordable housing. In total, 650 new homes will be provided. The project is within two identified focus areas within the Hartlepool Development Corporation Masterplan for the area and the local plan.
Information for third parties
If you wish to comment on matters relevant to the SAU’s evaluation of the Assessment of Compliance concerning the subsidy to Jomast Developments Limited, please send your comments before 5pm on the date stipulated in the timetable above. For guidance on representations relevant to the Assessment of Compliance, see the section on reporting period and transparency in the Operation of the subsidy control functions of the Subsidy Advice Unit.
Please send your submissions to the public authority [email protected].
Please also provide a contact address and explain in what capacity you are making the submission (for example, as an individual or a representative of a business or organisation).
Notes to third parties wishing to make a submission
The SAU will only take your submission into account if it can be shared with TVCA. The SAU will send a copy of your submission to TVCA together with its report. This is to allow the public authority to take account of the submission in its decision as to whether to grant or modify the subsidy or its assessment. We therefore ask that you provide express consent for your full and unredacted submission to be shared. We also encourage you to share your submission directly with TVCA using the email address provided above.
The SAU may use the information you provide in its published report. Therefore, you should indicate in your submission whether any specified parts of it are commercially confidential. If the SAU wishes to refer in its published report to material identified as confidential, it will contact you in advance.
For further details on confidentiality of third party submissions, see identifying confidential information in the Operation of the subsidy control functions of the Subsidy Advice Unit.
Contact
- CMA press team: 020 3738 6460 or [email protected]
Updates to this page
Published 12 November 2024Last updated 23 December 2024 + show all updates
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Final report published.
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First published.