Decision
Affordable Housing Delivery Funding
Decision Maker: Executive, Council
Outcome: Recommendations Approved
Is Key Decision?: Yes
Is Callable In?: Yes
Date of Decision: September 18, 2025
Purpose: Establish a budget from affordable housing section 106 contributions to assist Registered Providers to deliver affordable housing.
Content: RESOLVED that Executive agrees to: (i) Authorise the allocation of £1 million of Affordable Housing Section 106 contributions from Capital Reserves to be used to support the delivery of affordable rented housing in the borough, and (ii) Delegate authority to the Head of Housing and Intervention to approve expenditure of the £1 million budget of Affordable Housing Section 106 contributions from Capital Reserves to support the delivery of affordable rented housing by Registered Providers in consultation with the Portfolio for Housing and Support and Chief Finance Officer. Council is recommended to: (i) Approve the allocation of £1 million of Affordable Housing Section 106 contributions from Capital Reserves to be used to support the delivery of affordable rented housing in the borough.
Supporting Documents
Related Meeting
Executive - Thursday, 18th September, 2025 7.30 pm on September 18, 2025