Decision Maker: Cabinet

Outcome: Decision Made

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: September 26, 2024

Purpose: The report considers an application to the Affordable Housing Fund from Town and Country for funding to assist with the delivery of affordable housing permitted at Land at Downs Farm, Lamberhurst under the full planning permission 22/01822/FULL.  The scheme is a 10 unit Section 106 affordable housing scheme, which forms part of a wider development of 26 units total.  The agreement requires 4 of the units to be shared ownership and 6 to be for social rent.

Content: RESOLVED –   That the affordable housing grant agreement with Town & Country Housing for £248,000 awarded to the now cancelled affordable housing project at the site on Homeward Road, Langton Green (Ref: 12/02547) be rescinded be approved.   That the request from Town & Country Housing to reallocate the funding in recommendation 1 towards the scheme to acquire 10 affordable homes at Land At Down Farm, Lamberhurst be approved.   That Town & Country Housing’s application for a further funding of £250,000 (as detailed in the Affordable Housing Fund application form) to support the acquisition cost of the 10 affordable homes by Town & Country Housing at Land at Down Farm, Lamberhurst, with the funding being released from the affordable housing commuted sums collected from the Union House, Eridge Road (ref 16/504331) be approved.    That the Head of Housing, Health and Environment, in consultation with the Head of the Legal Partnership be delegated authority to enter into a grant agreement and all associated legal documentation with Town & Country Housing, required for the £498,000 subsidy to Town & Country Housing for the acquisition for the affordable housing acquisition at Land at Down Farm, Lamberhurst be approved.   REASON FOR DECISION:   To help the delivery of affordable housing provision in the Borough.