Section 106 Agreement Affordable Housing

The mayor is discussing a new London plan to further increase the proportion and total number of affordable housing units delivered to London. In his project, the Mayor supports the performance threshold approach outlined in his GSP “Affordable Housing and Sustainability” and sets a higher threshold for certain types of sites, including public land and industrial sites. In addition, it is indicated that threshold concessions would not be available for the development of existing housing (and not just for the demolition of existing affordable housing). Once the new London plan is adopted (along with the Merton Local Plan), it will be part of the planning plan under which applications will be reviewed in Merton and applicants are expected to meet the requirements of this document. In the meantime, the draft document is an essential consideration and is taken into account when making decisions when planning construction applications. Section 106 is a legal agreement between an applicant applying for a building permit and the local planning authority, which is used to mitigate the impact of your new home on the local community and infrastructure. In other words, a new house means a different car on the streets and maybe your kids will visit nearby schools, which will weigh a little more heavily on local services. The s106 system provided 28,000 affordable housing units last year, or about half the total, according to the National Housing Federation (NHF), meaning this change could affect affordable housing with more than 5,000 units per year. Renegotiation can produce less affordable housing. An S106 reported 30 percent affordable housing scattered throughout development. However, it was a high-end housing block with access to a sports complex and swimming pool: no social owner would pay the high service costs. The developer negotiated a sum of commuters and affordable housing was lost (although the amount of commuters goes to another development). We will review the small land released by the government (for land of 1 to 10 dwellings with up to 1000 square metres of gross interior area) in the above guidelines for national planning policy.

This page will be updated when Merton`s position is firmer (whether through progress in new local and London plans or through court decisions or planning remedies) to promote the implementation of its affordable housing policy (for these small sites) in relation to the government`s exemption. Section 106 Agreements are currently being used to ensure the provision of affordable housing on site, but under the new proposals, the IL will provide affordable housing. The proposals provide that registered suppliers (RPs) will be able to purchase affordable housing from real estate developers at a discount on market prices.

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