Issue details

Use of s106 and Retained Right to Buy Receipts to increase the provision of more affordable housing

 

 

Cabinet, at its meeting on 22 January 2020, resolved to:

4. Delegate authority to the Director of Housing, in consultation with the Cabinet Member for Affordable Housing, the Head of Financial Services / S151 Officer; and the Council’s Monitoring Officer, to enter into agreement for the award of grant, contractual arrangement and/or spend, for the provision of additional affordable housing in perpetuity using Retained Right to Buy Receipts or Recycled Capital Grant Funding;

5. Delegate authority to the Head of Planning Services, in consultation with the Cabinet Member for Affordable Housing; the Head of Financial Services/S151 Officer; and the Council’s Monitoring Officer, to enter into agreement for the award of grant, contractual arrangement and/or spend, for the provision of additional affordable housing in perpetuity using s.106 funds; and

6. Delegate authority to the Chief Executive, in consultation with the Cabinet Members for Finance and Asset Management, and Affordable Housing, to approve any property or development purchases over £500,000 for affordable housing, within the project approval granted at that meeting.

Decision type: Key

Reason Key: Expenditure, income or savings of £500,000 or greater;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 30/10/2019

Decision due: 22 Jan 2020 by Cabinet

Decision due: 29 Nov 2022 by Head of Planning and Regulatory Services

Decision due: Before 31 Dec 2030 by Chief Executive

Considered on: 27 Jan 2020 by Council

Lead member: Cabinet Member for Housing and Communities

Lead director: Executive Director (Communities and People), Executive Director (Communities and People)

Department: Housing Services

Contact: Dave Scholes, Affordable Housing Supply Corporate Lead Email: dscholes@oxford.gov.uk Tel: 01865 252636.

Reason date could change: Provisional: Decision reliant on another action or process

Is the date subject to change: No

Decisions

Agenda items