Purpose

This
report seeks approval to use affordable housing commuted sums held
by the Council to assist in the delivery of the affordable housing
provision at Land at Four Acres, Cranbrook Road, Frittenden,
Cranbrook, Kent TN17 2BN.

Decision

RESOLVED –
 
1.    
That Section 106 funding for the affordable housing
provision at Land at Four Acres, Cranbrook Road, Frittenden,
Cranbrook, Kent, TN17 2BN (Planning Ref: 20/02788/FULL), totalling
£250,000 held by the Council in lieu of affordable housing
provision, as a subsidy contribution towards the purchase of the
affordable housing provision on this site by Town & Country
Housing be approved.
 
2.    
That the affordable housing commuted sum
contributions identified in this report at paragraph 3.1 be
allocated to fund the expenditure detailed in recommendation 1
above be approved.

 
3.    
That the Head of Housing, Health and Environment in
consultation with the Head of the Legal Partnership be authorised
to enter into a grant agreement and all associated legal
documentation with Town & Country Housing to facilitate the
delivery of 6 homes for social rent, at land at Four Acres,
Cranbrook Road, Frittenden, Cranbrook, Kent, TN17 2BN (Planning
Ref: 20/02788/FULL) using the Section 106 funding released be
approved.