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To agree a policy statement on how the council will implement the government’s new First Homes initiative on new developments.
Decision type: Key
Reason Key: Executive Proposals: Development of new plan or strategy;
Decision status: Recommendations Approved
Notice of proposed decision first published: 14/02/2022
Decision due: 15 Mar 2022 by Executive Councillor for Housing
Lead member: Executive Councillor for Housing
Contact: Helen Reed, Housing Strategy Manager Email: Helen.reed@cambridge.gov.uk.
Additional Information: This is a key item and will automatically appear on the agenda.
Background Information: First Homes is a new model of affordable housing aimed at first time buyers wanting to purchase their own home. National guidance requires 25% of new affordable homes on section 106 developments to be provided as First Homes. The Statement will outline how the national policy is to be implemented locally. There are plans to develop a broader Affordable Home Ownership policy jointly with South Cambridgeshire District Council, as an annexe to the Greater Cambridge Housing Strategy 2019-2023. This Interim Statement will state the council’s position ahead of the development of that broader policy and ahead of the Housing Strategy being refreshed in 2022/23.
