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Lilestone Brief.pdf - Westminster City Council

Lilestone Brief.pdf - Westminster City Council

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4 Affordable Rent in <strong>Westminster</strong> – guiding principles4.1 The <strong>City</strong> <strong>Council</strong> supports the following guiding principles for Affordable Renttenancies:4.2 The <strong>City</strong> <strong>Council</strong> expects to benefit from development opportunitiesgenerated through Affordable Rent in <strong>Westminster</strong>, either through increasedsupply in the borough, or through nomination rights to properties developedout of the <strong>City</strong>.4.3 Affordable Rent should not reinforce long term benefit dependency andshould reflect incomes that households could reasonably be expected tosustain at a future point without housing benefit. Lower quartile to medianincomes of households registered for intermediate housing is a goodindicator of this (particularly as it is these households that have often not beenable to afford intermediate housing products in <strong>Westminster</strong>).4.4 Affordable Rent tenancies should ideally be linked with support for non -working households to access training and employment.4.5 Affordable Rent for replacement new supply is not supported on regenerationschemes where commitments have been made to residents that they will beoffered similar tenancy conditions.4.6 Affordable Rent tenancies for elderly households in sheltered accommodationis not supported as they have fixed incomes.4.6 RPs should take account of wider welfare benefit policy and the welfarebenefit cap when setting affordable rent levels and letting properties. Figures4 and 5 in the Statistical Appendix estimate the possible impact of the welfarebenefit cap on housing credit. This modelling is purely indicative and basedon what is currently known about the welfare benefit cap which may besubject to change.4.10 The disposal of properties which results in a loss of supply is not supported.Disposals are only supported if they result in direct benefits for <strong>Westminster</strong>residents.4.11 The <strong>City</strong> <strong>Council</strong> should be involved in discussions between RP’s and theHCA on the proportions of stock that are converted to Affordable Rent in the<strong>City</strong> and on rent levels.4.12 Properties converted to Affordable Rent will need to contain features whichwill make them attractive to bidders in terms of location, tenancy terms sizeand quality. There is a danger that otherwise there will be a ‘tenancyhierarchy’ and bidders will wait for secure or assured tenancies at targetsocial rents (at least until the new flexible tenancies come into effect).51

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