Issue - meetings

Affordable Housing - Allocating Section 106 Commuted Sums - to provide an update on the affordable housing delivery programme and to propose a framework to permit the spend of commuted sums (S.106 monies) to enable the provision of further affordable

Meeting: 02/10/2020 - Cabinet (Item 40)

40 Affordable Housing - Allocating Section 106 Commuted Sums pdf icon PDF 153 KB

To consider the interim head of development and regeneration’s report.    

Minutes:

Cabinet considered the report of the interim head of development and regeneration.  This set out the current position with the delivery of affordable housing as part of the Oxfordshire Housing and Growth Deal.  The report also proposed a framework for adoption to enable the evaluation and prioritisation of commuted sums received as part of section 106 agreements as a result of the council granting planning permissions.  The commuted sums were in lieu of the on-site delivery of affordable housing. 

 

The Cabinet member for development and regeneration reported that the intention of the framework was to assist in the development of affordable housing schemes.  All tenure types would be considered. 

 

Cabinet supported the proposal.  In answer to a question from a councillor, once a policy framework had been approved officers would work on a definition of affordable housing to deliver homes that were affordable to Vale residents. 

 

RESOLVED: to

 

(a)      note the current position regarding the affordable housing delivery programme; and

 

(b)      approve the framework (attached at appendix one to the interim head of development and regeneration’s report to Cabinet on 2 October 2020) to evaluate and prioritise the spend of commuted sums (S106 monies) received by the council in lieu of the on-site delivery of affordable housing, in order to enable the provision of further affordable homes. 


 

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Vale of White Horse District Council
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