Decision

Allocation of Affordable Housing Contributions for the Delivery of Shared Equity Housing at Boyneswood, Medstead

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: September 11, 2025

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

Content: 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.  

Supporting Documents

Report Allocation of Affordable Housing Delivery of Shared Equity.pdf

Related Meeting

Cabinet - Thursday, 11th September, 2025 3.00 pm on September 11, 2025