Decision Maker: Cabinet
Decision status: Decision Made
Is Key decision?: Yes
Is subject to call in?: Yes
This report presents the document Policy and Procedure to spend commuted sums designated for affordable housing.
1. That the Affordable Housing Commuted Sums Spending Policy at Appendix A to utilise commuted sums funding paid in lieu of affordable housing provision be approved.
2. That delegated authority be given to the Head of Housing, Health and Environment, in consultation with the Portfolio Holder for Housing and Planning, to make minor amendments to the Affordable Housing Commuted Sums Spending Policy be approved.
REASON FOR DECISION: To provide the Council with scope to utilise funding to promote genuinely affordable avenues into affordable housing.
Report author: Tobi Phillips
Publication date: 21/09/2023
Date of decision: 21/09/2023
Decided at meeting: 21/09/2023 - Cabinet
Effective from: 30/09/2023