Decision details

Members discussed the application to become an investment partner of Homes England in order to grant funding and for the Council to charge affordable rents on new homes purchased form house builders through the planning gain/section 106 system. The application would allow the Council to reinstate its investment partner status with Homes England and allow the Council to access grant funding from the Affordable Homes Programme 2021-2026.

RESOLVED to approve the submitting of an application by the Council for Broxtowe to be reinstated as an investment partner of Homes England, and to approve amendments to the 2019 rent setting policy, covering affordable and shared ownership rents as marked in bold of the appendix report.