Issue details

Cabinet received a report recommending the suspension of any further grant allocations from the council’s Affordable Housing corporate resources part of the Capital Programme until a thorough review of the council’s policy as to how such funds should be spent is undertaken. Such a review was considered necessary to ensure the council gained maximum benefit and value from the use of such funds. Second, the report recommended that Cabinet agreed that schemes that discharge obligations to provide affordable housing in accordance with individual Section 106 agreements would still be considered and Section 106 receipts would continue to be applied to fund such schemes in accordance with the 2011 Policy framework.

Cabinet considered the report and RESOLVED to:

1.   Agree to suspend any new allocations from the council’s Affordable Housing corporate resources part of the Capital Programme until a review of the council’s Affordable Housing Capital Funding Policy (Feb 2011) is agreed by Cabinet (scheduled for September 2013);

2.   Agree that the scope of the policy review should cover an investigation of the options listed in paragraph 4.4 of this agenda report; and

3. Agree that schemes that discharge obligations to provide affordable housing in accordance with individual Section 106 agreements will still be considered and Section 106 receipts will continue to be applied to fund such schemes in accordance with the 2011 Policy framework.