Issue - decisions

S106/Commuted Sum Funding - The Cobblers, Slinfold

10/06/2022 - Allocation of Section 106 Commuted Sum funding for Saxon Weald

RESOLVED

 

(i)         To approve the expenditure of £360,000 which is funded from Section 106 receipts secured for new affordable housing. This funding will enable the development to deliver all 12 units as affordable rented homes.

 

REASON

 

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

 

(ii)      To assist Saxon Weald to deliver much needed affordable accommodation for households in housing need on the Council’s housing register.