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Affordable Housing Strategy

This Affordable Housing Strategy sits under the Housing Strategy and alongside the Homelessness Strategy, Private Sector Housing Strategy and the allocations policy.

 

The Council has approved an Interim Affordable Housing Strategy. Following consultation with key stakeholders, an Affordable Housing Strategy 2012-15 will be produced. 9 key changes to the new Affordable Housing Strategy so far are listed below.

 

Summary of revisions :

  1. Definition of Affordable Housing has been amended to take account of the guidance in Planning Policy Statement 3 (PPS3) Housing 2011 with affordable rented housing included.
  2. Analysis of Housing Need takes account of the Strategic Housing Market Assessment (SHMA) 2008
  3. The affordable housing target of 40% units on qualifying sites as now set out in the Broxbourne Core Strategy
  4. Assessment of viability of qualifying sites to deliver 40% affordable housing – how this will be done.
  5. Section 106 sites – grant will not usually be available to fund affordable homes and developers will be expected to take this into account when making offers on sites.
  6. Tenure mix of Affordable Housing to remain at 80% rented (including affordable rent homes): 20% intermediate tenure (shared ownership etc) in the light of the SHMA and the viability study and housing need.
  7. The Council’s policy on affordable rent homes, including an affordability assessment of rents of new properties
  8. The Council’s priorities for the allocation of Shared Ownership and other intermediate Homes.
  9. Availability of council grant to fund non s106 affordable housing