Issue - decisions

Use of s106 Commuted Sums to support delivery of affordable homes in North Norfolk

23/02/2021 - Use of s106 Commuted Sums to support delivery of affordable homes in North Norfolk

Decision

 

RESOLVED to

 

Allocate £900k of the existing s106 monies held to support Registered Provider deliver new affordable housing schemes. Provision to be made in the capital programme for five specific housing schemes within the S106 Enabling Budget with £450k allocated in 2021/22, £275k in 2022/23 and £175k in 2023/24.

 

Reasons for the decision:

 

To provide authority for expenditure over £100,000 (key decision threshold)