Decision details
Decision Maker: Shadow Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To consider a report on use of S106 accrued
funds for affordable housing in Wycombe
Decision:
In November 2019 Wycombe District Council’s Cabinet approved a request to grant fund Paradigm Housing (A Registered Provider of Housing- RP) £800,000 to develop 35 additional affordable rented homes at the former ‘Needham Bowl’ site in High Wycombe. These units will be in addition to the planning policy requirement of 24 units, and secured using a Section 106 planning agreement. In total there will be a total of 59 affordable homes on the site. These additional units will be subject to formal nomination rights in perpetuity on behalf of the Council and may be offered to eligible residents on the Bucks Home Choice waiting list. This report seeks approval from the Shadow Executive for approval, as per the Spend Protocol.
RESOLVED:
That the Shadow Executive endorse the November 2019 decision of Wycombe District Council’s Cabinet to award funding of £800,000 to Paradigm Housing Association on the terms set out in paragraph 7 of the report.
Details of any conflict of interest declared: Angela Macpherson declared an interest and left the meeting.
Contact: Brian Daly Email: brian.daly@buckinghamshire.gov.uk.
Report author: Rachel Bennett
Publication date: 18/02/2020
Date of decision: 18/02/2020
Decided at meeting: 18/02/2020 - Shadow Executive
Effective from: 28/02/2020
Accompanying Documents: