To consider alterations to the Section 106 Agreement for the provision of four shared ownership flats as affordable housing at the site formerly known as Canalside Yard, Audlem and now known as Moseley House, Kingbur Place, Audlem.
Minutes:
(Notes: (a) Councillor B H Dykes, having declared a personal and prejudicial interest in this item, had withdrawn prior to discussion of the item. Councillor G Merry had assumed the Chair;
(b) Councillor W T Beard, having declared a personal and prejudicial interest in this item, withdrew from the meeting during discussion and voting;
(c) Mr D Beardmore, Company Secretary – Wulvern Housing Ltd, spoke in support of the application.)
The Committee considered the report of the Head of Planning and Policy which sought approval for alterations to (1) the definition of affordable housing and (2) the Management Covenant in Schedule 2 of the Section 106 Agreement for the provision of four shared-owernship flats as affordable housing at the site formerly known as “Canalside Yard, Audlem” and now known as “Moseley House, Kingbur Place, Audlem”. The effect of the variations would be to allow residents to occupy the units for rent now, with a view to occupying the flats on a shared-ownership basis in the future.
RESOLVED – That the variations to the Section 106 Agreement as set out below be approved –
(a) The definition of “affordable housing” be extended to include the words in italics as follows –
“Affordable Housing means subsidised housing accommodation that is accessible to Persons in Housing Need and shall include accommodation provided at an intermediate rent under the “Rent to Homebuy Scheme” and Affordable shall be construed accordingly. Intermediate Rent means a rent that is equivalent ot 80% of the market rent achievable on the property.”
(b) The Management Covenants in Schedule 2 to include the words in italics as follows –
1. “Managed at all times by an Affordable Housing Provider as Landlord in accordance with the terms and conditions of its usual and normal shared ownership lease or rental agreement of the type and style recommended and approved by the Housing Corporation including an assured shorthold tenancy in the case of accommodation provided under the “rent to Homebuy Scheme” AND IF SECURED WITHOUT PUBLIC SUBSIDY….”