Issue - meetings

S106 Commuted Sum funding for affordable homes at Broadbridge Heath

 

 

Meeting: 24/05/2018 - Cabinet (Item 5)

5 S106 Commuted Sum funding for affordable homes at Broadbridge Heath pdf icon PDF 93 KB

Report of the Cabinet Member for Community and Wellbeing

Decision:

            RESOLVED

 

            That the grant of £509,000, funded from Section 106 receipts secured for new affordable housing, be approved to enable the development of 10 new affordable rented homes on land South of Broadbridge Heath.

 

            REASONS

 

(i)            To assist the Council in achieving its target of delivering 240 affordable homes a year.

 

(ii)           To assist Countryside in partnership with Clarion Housing Group to deliver much needed affordable accommodation for persons in housing need.

Minutes:

The Cabinet Member for Community and Wellbeing reported that, working in partnership Countryside and Clarion Housing Group, with support from the Council, were providing new affordable homes on land South of Broadbridge Heath. 

 

Planning consent for the scheme had been granted in July 2017 and the development would provide 24 affordable homes, comprising 10 affordable rented homes, to meet an identified and acute housing need, and 14 shared ownership units.  The uplift, from six to 24, in the total number of affordable units considered to be viable would be achieved by recycling S106 commuted sum funding collected in respect of the wider Wickhurst Green, Broadbridge Heath development.

 

The Council would retain 100% initial nomination rights of tenants and 75% subsequent nomination rights of tenants to the scheme.

 

The Housing and Public Protection Policy Development Advisory Group supported the proposal.

 

Cabinet was therefore asked to support the recommendation in the report.

 

            RESOLVED

 

            That the grant of £509,000, funded from Section 106 receipts secured for new affordable housing, be approved to enable the development of 10 new affordable rented homes on land South of Broadbridge Heath.

 

            REASONS

 

(i)            To assist the Council in achieving its target of delivering 240 affordable homes a year.

 

(ii)           To assist Countryside in partnership with Clarion Housing Group to deliver much needed affordable accommodation for persons in housing need.