Issue - meetings
Voluntary Sector Initiative Fund - Infrastructure Grant
Meeting: 14/03/2016 - Cabinet (Item 16)
16 Voluntary Sector Initiative Fund - Infrastructure Grant 2016-2018 
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This report seeks agreement on the change of terms of the Voluntary Sector Initiative Fund – Infrastructure Grant for CVS Brent from one year to two years from April 2016.
Additional documents:
Decision:
(i) that the award of conditional grant funding of the Voluntary Sector Initiative Fund Infrastructure Grant to CVS Brent in the sum of £161K per annum for a period of 2 years be approved;
(ii) that the introduction of a grant condition requiring the payment of all staff funded through the grant referred to in paragraph 2.1 of the report submitted to be at the level of the London Living Wage be approved.
Minutes:
Councillor Butt, Leader of the Council, stated that this report seeks agreement on the change of terms of the Voluntary Sector Initiative Fund – Infrastructure Grant for CVS Brent from one year to two years from April 2016.
Councillor Butt stated that the current Voluntary Sector Initiative Fund (VSIF) which was approved in 2012 has been allocated to four funding streams: i) Local Grants ii) Infrastructure Support iii) Advice & Guidance Contracts and iv) London Council’s Grant with a total yearly budget of £2.04M.
He informed members that changes to the terms of the VSIF Local Grants 2016-2018 from 3 year to 2 year grants were approved in February 2016. He stated that an annual £410K savings requirement from the VSIF, to be implemented from April
2016, was agreed as part of the Council’s wider budget savings in February 2015.
It was clarified that these agreed savings do not impact the VSIF Infrastructure Grant as savings were agreed elsewhere within the VSIF.
The approved annual VSIF Infrastructure Grant was £161K and is currently awarded to CVS Brent on a yearly basis through a conditional grant. The proposed two year grant will total £322K (£161K per year).
RESOLVED:
(i) that the award of conditional grant funding of the Voluntary Sector Initiative Fund Infrastructure Grant to CVS Brent in the sum of £161K per annum for a period of two years be approved;
(ii) that the introduction of a grant condition requiring the payment of all staff funded through the grant referred to in paragraph 2.1 of the report submitted to be at the level of the London Living Wage be approved.