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Planning Advisory Service (PAS)
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Affordable Housing Offsite Financial Contribution Methodology

Michael Hase, modifié il y a 16 années.

Affordable Housing Offsite Financial Contribution Methodology

New Member Publications: 24 Date d'inscription: 20/10/11 Publications Récentes
Derbyshire Dales District Council and High Peak Borough Council are preparing an Affordable Housing Development Plan Document. One of the elements that is considered should be included is a transparent methodology for calculating, in appropriate circumstances a financial contribution towards the cost of delivering affordable housing off site. Our initial research has found a variety of different approaches across the country, none of which definitively set out a clear methodology. Any views, suggestions or pointers to relevant documents that set out a clear methodology that does not involve Total Cost Indicator would be appreciated.
andrew waterhouse, modifié il y a 16 années.

Affordable Housing Offsite Financial Contribution Methodology

New Member Publications: 6 Date d'inscription: 20/10/11 Publications Récentes
Mike - Malc Amatt, who is our Affordable Housing guru gave me the following: Financial contributions are our least preferred method of securing affordable housing. If one is acceptable, the amount is calculated by deducting the transfer price of the units from their open market value. The transfer price are based on what an RSL can afford to pay when charging Housing Corporation Target Rents Andy
Former Member, modifié il y a 16 années.

Affordable Housing Offsite Financial Contribution Methodology

Mike. A model has been developed by a company called 'Three Dragons'.
Former Member, modifié il y a 16 années.

AH - Off site Contributions

Mike If you are wanting to quote a transfer price, could I suggest that you look at getting a number of responses from local RSL's as we all work to our own business plans and you will find a variation in the prices. Evidence of size of unit, 99 value assigned for social rented and market value for the Newbuild Homebuy (with initial sale percentage). The Jan 99 value is the start of the Housing Corporation target rent, but if you can get the 99 value quoted in any information that comes back to you - you may find that useful as a marker. You will have a range of 99 values within the region anyway. Also when asking for the prices making it clear what tenure the price is based - there is a marked difference between the transfer prices on a social rented unit and a Newbuild Homebuy (shared ownership).