Decision details

The Report seeks to obtain Cabinet approval for the release of commuted sums for affordable housing from development at Strawberry Hill House (Planning Permission TW/17/01698/FULL applies), to subsidise the construction of five x 2 bed houses at Hornbeam Avenue, Southborough for social rent (20/01807/FULL).

RESOLVED – 

1.     That the release of Section 106 funding for affordable housing totalling £292,250 held by the Council in lieu of affordable housing provision on the site known as Barretts 66-68 Frant Way (Planning Permission TW/17/01608 FULL) to Town and Country Housing Group be approved.

2.     That the Head of Housing, Health and Environment, in consultation with the Head of the Legal Partnership to enter into a grant agreement be authorised and all associated legal documentation with Town and Country Housing to facilitate the delivery of five 2 bed social rented houses at Hornbeam Avenue, Southborough using the Section 106 funding released be approved.

REASON FOR DECISION:

The use of S106 funding for this purpose represents good value for money to secure five social rented homes and the further provision of affordable homes in the Borough.