URL: https://reigate-banstead.moderngov.co.uk/ieDecisionDetails.aspx?ID=1185

Decision Maker: Executive, Council

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: Establish a budget from affordable housing section 106 contributions to assist Registered Providers to deliver affordable housing.

Content: RESOLVED that Executive agrees to:   (i)             Authorise the allocation of £1 million of Affordable Housing Section 106 contributions from Capital Reserves to be used to support the delivery of affordable rented housing in the borough, and   (ii)           Delegate authority to the Head of Housing and Intervention to approve expenditure of the £1 million budget of Affordable Housing Section 106 contributions from Capital Reserves to support the delivery of affordable rented housing by Registered Providers in consultation with the Portfolio for Housing and Support and Chief Finance Officer.   Council is recommended to:   (i) Approve the allocation of £1 million of Affordable Housing Section 106 contributions from Capital Reserves to be used to support the delivery of affordable rented housing in the borough.

Date of Decision: September 18, 2025