The Decision Notice is to approve South Cambridgeshire District Council entering into Heads of Terms followed thereafter by a contract (likely to be a JCT 16 industry standard) to purchase 18 no affordable homes representing the S106 40% affordable housing contribution on a site at Linton Road Great Abington.
The scheme already features on the HRA Business Plan as part of the Medium Term Financial Strategy of South Cambridgeshire District Council.
The site is one of 3 sites the Parish Council are bringing forward following their own call out for sites. The Parish Council has partnered with Hill to bring the sites forward. Hill is a highly regarded national award winning housebuilder who has a large pipeline of schemes in and around the City of Cambridge. The Parish wholly supported this planning application which was worked up in conjunction with local residents, and Hill.
The planning application has to be approved at Planning Committee on the 4th Oct 2017 subject to the s.106 agreement being agreed.
The site will provide 45 new homes in total.
The 18 no affordable comprise:
13 rented homes
6 x 1 bed flats
2 x 2 bed houses
5 x 3 bedroom houses
5 Intermediate homes as shared ownership
3 x 3 bedroom houses
2 x 2 bedroom houses
The offer to Hill for the 18 affordable homes is £3,907,000 including all fees and a contingency.
Strategic Housing fully supports this housing development.
For Information Only
To note: this scheme is one of 3 sites that we have negotiated agreed offers with Hill in an informal package deal. The 3 sites will deliver 59 homes in total – of which 50 will be affordable rent. As a whole the 3 site package deal payback is within 35 years which is within acceptable tolerances and expected where 85% of all new homes are rented. One site is at reserved matters stage and one site has yet to achieve planning. Once Planning is resolved we are assured of build out delivery with Hill; thereby securing our programme of right to buy receipt spend into 2020.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: The Abingtons (pre-2018);
Notice of proposed decision first published: 18/04/2018
Decision due: 18 April 2018 by Lead Cabinet member for Housing
Lead member: Lead Cabinet member for Housing
Lead director: Head of Housing
Department: Housing
Contact: Sarah Lyons, Development Project Officer 01954 713331 Email: sarah.lyons@scambs.gov.uk Tel: 01954 713356.
Consultees
Hill has consulted widely and for over 18 months with the Parish Council and local residents on the new build scheme proposals.