Issue - meetings

To receive an update on the Section 106 financial contributions in lieu of affordable housing policy, which was approved by the Economy and Growth Committee in September 2021.

The Committee considered the report which provide an update on the Section 106 financial contributions in lieu of affordable housing policy.

The policy had been approved by the Committee in September 2021 and it had been agreed that the policy would be reviewed on an annual basis and any changes reported to the Committee.

A review of the policy had taken place in August 2022 and a small number of amendments were required to the policy. These included updating the policy to align with the recent Subsidy Control advice, amending the decision maker for projects, in line with the most recent version of the Constitution, and including an additional priority which allowed funding from individual contributions to be combined with others, if a project required this.

RESOLVED (unanimously):  That the Committee

1          approve the updated S106 financial contributions in lieu of affordable housing policy, as set out in appendix 1 to the report.

2          note the changes made and delegate authority to approve any spends of financial contribution in lieu of affordable housing in line with the Cheshire East Council Constitution.