Calculation of Grant. The amount of grant payable in respect of a Firm Scheme will be calculated in accordance with the following formula: FSG = (A x B) + (C x D) where: FSG is the Firm Scheme Grant payable in relation to the relevant Firm Scheme; A is the Agreed Payment Rate for a completed Affordable Rent Dwelling (including a Social Rent Dwelling); B is the number of completed Affordable Rent Dwellings and Social Rent Dwellings within the Firm Scheme; C is the Agreed Payment Rate for a completed Affordable Home Ownership Dwelling; D is the number of completed Affordable Home Ownership Dwellings within the Firm Scheme.
Appears in 3 contracts
Samples: Original Consortium Member, assets.publishing.service.gov.uk, assets.publishing.service.gov.uk
Calculation of Grant. The amount of grant payable in respect of a Firm Scheme will be calculated in accordance with the following formula: FSG = (A x B) + (C x D) where: FSG is the Firm Scheme Grant payable in relation to the relevant Firm Scheme; A is the Agreed Payment Rate for a completed Affordable Rent Dwelling (including a Social Rent Dwelling); B is the number of completed Affordable Rent Dwellings and Social Rent Dwellings within the Firm Scheme; C is the Agreed Payment Rate for a completed Affordable Home Ownership Dwelling; D is the number of completed Affordable Home Ownership Dwellings within the Firm Scheme.
Appears in 3 contracts
Samples: assets.publishing.service.gov.uk, assets.publishing.service.gov.uk, assets.publishing.service.gov.uk
