A Section 106 (S106) agreement is a legal contract between a local planning authority and a developer. Developers use these to commit to affordable housing. CLTs who develop homes can use them to define their allocations policies, to maintain the affordability of housing, to secure biodiversity net gain and to restrict how the land can be used in perpetuity.
As community organisations, CLTs could also benefit from other developer’s Section 106 obligations through accessing developer contributions as funding pots or accessing their affordable homes.
Yet, we’ve recently heard about Section 106 affordable homes being left empty, and pots of money for affordable housing severely underused, with each council having on average £2.4 million underspend of this S106 affordable housing funding.
In this session, Stuart Evans and Max Howarth, planning lawyers from our corporate partners at Anthony Collins Solicitors, will share their expertise to talk us through important topics like:
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What are Section 106 agreements?
- What do CLTs need to know…
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…as developers entering into a S106 agreement?
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…as housing provider coming in to take on the affordable homes from a private developer negotiating a s106
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…about Section 106 funding
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There will also be time for questions with Max and Stuart.
For context, you might like to do some pre-reading about the Section 106 home crisis at the moment from our partners at Anthony Collins.
We hope you’ll join us! If you have any relevant topics you would like us to cover in the session please email us on [email protected]
Please note that this event is open to CLT Network members only. If you would like to join as a member, please see our membership information here.