Issue - meetings

Affordable Housing Commuted Sum Position Statement

Meeting: 21/09/2023 - Cabinet (Item 52)

52 Affordable Housing Commuted Sum Position Statement pdf icon PDF 175 KB

To consider and decide on the recommendations as set out in the associated report.

 

Additional documents:

Decision:

RESOLVED –

 

1. That in order to set guidelines when calculating and negotiating a commuted sum in lieu of the onsite delivery of affordable housing, the Affordable Housing Commuted Sum Position Statement 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 any minor amendments to the Affordable Housing Commuted Sum Position be approved.

 

 

REASON FOR DECISION: To provide a transparent mechanism for calculating commuted sums.

Minutes:

Councillor Hugo Pound, Cabinet Member for Housing and Planning presented the report,  supported by Gary Stevenson, Head of Housing, Health and Environment. 

 

The report was taken as read.

 

 

RESOLVED –

 

1. That in order to set guidelines when calculating and negotiating a commuted sum in lieu of the onsite delivery of affordable housing, the Affordable Housing Commuted Sum Position Statement 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 any minor amendments to the Affordable Housing Commuted Sum Position be approved.

 

 

REASON FOR DECISION: To provide a transparent mechanism for calculating commuted sums.