Affordable Housing and Commuted Sum Strategy
To consider the report of the Director of Strategy, Performance and Governance, (copy enclosed).
Additional documents:
Minutes:
The Council considered the report of the Director of Strategy, Performance and Governance, informing Members of the Council’s upcoming position in relation to the Five-Year Housing Land Supply (5YHLS).
It was noted that the Council’s adopted affordable housing policy allowed for financial contributions in lieu of onsite provision when considered to be a more appropriate method of meeting the District’s need. The report outlined how to best use developer financial contributions to deliver affordable housing units a formal strategy was required.
The Leader of the Council presented the reported and moved the recommendations set out in the report. This was duly seconded.
The Chairman put the proposal to the Council and it was duly agreed by assent.
RESOLVED (by assent)
(i) That the contents of the report be noted;
(ii) That a strategy be produced to look at how to best use Developer financial contributions to meet the affordable housing need of the District.