Purpose

To receive and consider recommendations in respect of the
allocation of affordable housing contributions.

Decision

It was RESOLVED that Cabinet approve:
 

a)       The use of
£545,000 of Affordable Housing Developer Contributions
(AHDC), to fund 7 shared equity homes on the site detailed in the
Exempt Appendix, with the release of funds conditional upon a1. and
a2. below:

a1)     Completion of a Deed of
Variation to the (affordable housing) planning obligation for the
site with planning reference number 25256/050.

a2)     Payment of the AHDC, by the
developer to the Council, as triggered by the terms of the Deed of
Variation.

b.)      The Executive Director of
Community in consultation with the Monitoring Officer be delegated
authority to take all necessary actions to facilitate the use of
the AHDC (referred to in 2.1a above) to fund the 7 shared equity
homes on the site detailed in the Exempt Appendix.