Decision details

First Homes Approach Policy

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

RESOLVED that

1.    the report and requirements of the First Homes initiative be noted;

2.    the national guidance of at least 25% of affordable homes on qualifying schemes to be First Homes be applied;

3.    the national guidance of 30% discount for First Homes be applied;

4.    the national guidance of £80k income threshold be applied;

5.    an additional local eligibility criteria be applied to ensure local residents have access the scheme - as set out in the Housing Allocation Policy (as set out at 4.4.9 of the report); and

6.    an additional priority for local essential worker criteria is not applied.

 

Reason: To comply with the government’s First Homes initiative whilst limiting the negative impact on other tenures of affordable housing in the borough and supporting local residents (those who live and/or work in the borough).

 

[SERVICES OVERVIEW &SCRUTINY COMMITTEE]

 

Report author: Andrew Smith

Publication date: 01/12/2021

Date of decision: 30/11/2021

Decided at meeting: 30/11/2021 - Executive

Effective from: 09/12/2021

Accompanying Documents: