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Tracked Version of Core Strategy, November 2012 - Selby District ...

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<strong>Selby</strong> <strong>District</strong> Submission Draft <strong>Core</strong> <strong>Strategy</strong> – May 2011<br />

___________________________________________________________________<br />

should be secured in connection with affordable housing. A split <strong>of</strong><br />

30-50% intermediate tenure and 50 –70% social rent is suggested by<br />

the analysis. Intermediate tenure could include shared ownership,<br />

discounted sale and fixed equity products, as well as intermediate<br />

rented options.<br />

5.76 The assessment recommends that affordable homes should be<br />

similar to private homes in terms <strong>of</strong> style, quality <strong>of</strong> specification and<br />

finish and that on larger sites, affordable housing is integrated<br />

throughout the site as a more sustainable and socially acceptable<br />

solution. The report also emphasises that securing affordable<br />

housing in perpetuity is critical and key to this process is the use <strong>of</strong><br />

comprehensive Section 106 agreements.<br />

The Viability <strong>of</strong> Affordable Housing Provision<br />

5.77 Evidence on the viability <strong>of</strong> different sized affordable housing<br />

schemes at a range <strong>of</strong> different locations is provided by the <strong>Selby</strong><br />

<strong>District</strong> Economic Viability Study 20 . The study base date <strong>of</strong> mid 2009<br />

coincides with the low point <strong>of</strong> the economic downturn which occurred<br />

from 2008 onwards.<br />

5.78 As a consequence <strong>of</strong> the timing <strong>of</strong> the Study, 10% affordable housing<br />

was found to be an appropriate requirement across the <strong>District</strong>.<br />

However, the Study assessed conditions over a range <strong>of</strong> scenarios<br />

including consideration <strong>of</strong> viability in very good market conditions<br />

similar to those which existed immediately prior to the economic<br />

downturn (2006/07). The equivalent percentage requirement in this<br />

case was 50%. The Study also considered variations in viability in<br />

differing areas <strong>of</strong> the <strong>District</strong> which illustrated substantial variations<br />

between the rural areas in the north and north-western parts and the<br />

south-east part <strong>of</strong> the <strong>District</strong>. The three towns <strong>of</strong> <strong>Selby</strong>, Sherburn in<br />

Elmet and Tadcaster fall between the two extremes in viability terms.<br />

5.79 The Study therefore illustrates the inherent problems in producing a<br />

robust, yet relatively straightforward policy for the requirement <strong>of</strong><br />

affordable housing in association with private housing developments<br />

across the <strong>District</strong>.<br />

Affordable Housing Policy<br />

5.80 The two main aims <strong>of</strong> the <strong>Core</strong> <strong>Strategy</strong> affordable housing policy are:<br />

a) To establish the overall target for the provision <strong>of</strong> affordable<br />

housing in the <strong>District</strong> in accordance with PPS3 national<br />

guidance on the definition and provision for affordable housing<br />

(PC3.8);<br />

b) To set out the broad framework within which developer<br />

contributions towards meeting affordable housing need will be<br />

sought in association with normal market housing.<br />

5.81 PPS 3 – Housing (July 2010) indicates that Local Development<br />

Documents should set an overall (plan-wide) target for the amount <strong>of</strong><br />

20 Affordable Housing Economic Viability Assessment by consultants DTZ for the Council , August<br />

2009 http://www.selby.gov.uk/service_main.asp?menuid=&pageid=&id=1821<br />

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