Three Rivers Affordable Housing Policy

The Three Rivers Core Strategy was adopted in October 2011, it is said to “provide the overarching strategy and policies and the long-term vision for Three Rivers”.

 

Policy CP4 of the Core Strategy sets out the affordable housing expectations, this can be seen below for reference:

CP4 Affordable Housing In order to increase the provision of affordable homes in the District and meet local housing need as informed by the Strategic Housing Market Assessment, the Council will: a) In view of the identified and pressing need for affordable housing in the District, seek an overall provision of around 45% of all new housing as affordable housing, incorporating a mix of tenures. All new development resulting in a net gain of one or more dwellings will be expected to contribute to the provision of affordable housing b) As a guide, seek 70% of the affordable housing provided to be social rented and 30% to be intermediate c) Allocate specific sites, at higher or lower proportions of affordable housing depending on site circumstances, location and density of development. In some cases a target of 50% or above may be appropriate. Site specific targets will be set through the Site Allocations Development Plan Document d) Require the affordable housing provided to reflect the mix of size and type required for future housing, as identified in the Strategic Housing Market Assessment and subsequent updates and Council priorities for provision which is currently for family- sized dwellings to meet the most urgent housing needs in the District e) In most cases require affordable housing provision to be made on site, but in relation to small sites delivering between one and nine dwellings, consider the use of commuted payments towards provision off site. Such payments will be broadly equivalent in value to on-site provision but may vary depending on site circumstances and viability f) Permit small-scale affordable housing within and immediately adjacent to the village core areas of Sarratt and Bedmond on the basis of need through the release and allocation of Rural Exception Sites. Allocations will be made through the Site Allocations Development Plan Document. In assessing affordable housing requirements including the amount, type and tenure mix, the Council will treat each case on its merits, taking into account site circumstances and financial viability. In calculating the percentage of affordable units to be provided as part of a development scheme, the affordable housing requirement will normally be 'rounded up' to the nearest whole number.

As seen above, there are different requirements regarding on-site or off-site provisions.

 

There will be an overall target across the borough of 45% affordable housing; however, depending on the location or density of development, it could be more appropriate to strive for 50% AH on allocated sites.

All development involving a net gain of even 1 unit is expected to make a provision towards affordable housing, subject to viability. This often comes as a surprise to applicants, particularly given national guidance that such contributions should only be sought on major (10+) developments.

S106 Management have completed many successful viability challenges in Three Rivers, both during applications and appeals. The council’s policy is based on data over a decade out of date.

Therefore, we advise that a site-specific viability assessment is completed on all developments of 1 dwelling or more in Three Rivers to avoid unviable costs.

Previous Work in Three Rivers

 

Proposed development = Demolish the existing building and erect 2 x detached houses. In total, the development will provide 549m2 of residential accommodation.

 

Policy implications/requirements = CP4 of the Three Rivers Core Strategy asks for an off-site commuted payment.                    

 

Expectation on Affordable Housing = Commuted payment requirement of £686,250.      

 

Result = The site was not viable if the expected commuted payment was given; this was reduced to an off-site contribution of £261,250, delivering a saving of £420,000.

North Devon & Torridge Affordable Housing Policy
February 1, 2024

North Devon & Torridge Affordable Housing Policy

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