Issue - meetings
APPLICATION FOR HOMES ENGLAND INVESTMENT PARTNER STATUS AND AMENDMENT TO THE RENT SETTING POLICY FOR THE ACQUISITION OF AFFORDABLE HOUSING ON SECTION 106 SITES
Meeting: 18/11/2020 - Housing Committee (Item 27)
To seek approval for the Council to submit an application to become an investment partner of Homes England in order to access grant funding and for the Council to charge affordable rents on new homes purchased from house builders through the planning gain/section 106 system.
Additional documents:
- 4.1 Background details - Appendix 1 A, item 27
PDF 134 KB
- 4.2 Revised Rent Setting Policy - Appendix 2, item 27
PDF 364 KB
Minutes:
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.