Common use of Affordable Housing Clause in Contracts

Affordable Housing. 1.1 The Owner covenants with the Council that not less than 11 Dwellings to be constructed on the Site pursuant to the Planning Permission shall be Affordable Housing Units 1.2 The Owner covenants with the Council that the Affordable Housing Units shall be made available as 4 Affordable Rented Housing units and 7 Shared Ownership Housing units (or such other type or mix of tenure as the Council may approve in writing) 1.3 To construct the Affordable Housing in accordance with the approved planning permission and the Scheme Development Standards and to provide satisfactory evidence of the same to the Council 1.4 That not more than 25% of the Market Dwellings shall be occupied until the Owner has entered into a binding Contract with the Registered Provider for the transfer of the completed Affordable Housing Units and no more than 50% of the Market dwellings shall be occupied before the Affordable Housing Units are completed.

Appears in 1 contract

Samples: Section 106 Planning Agreement

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Affordable Housing. 1.1 The Owner covenants with the Council that not less than 11 5 Dwellings to be constructed on the Site pursuant to the Planning Permission shall be Affordable Housing Units. 1.2 The Owner covenants with the Council that the Affordable Housing Units shall be made available as 4 3 Affordable Rented Housing units and 7 2 Shared Ownership Housing units (or such other type or mix of tenure as the Council may approve in writing). 1.3 To construct the Affordable Housing in accordance with the approved planning permission and the Scheme Development Standards and to provide satisfactory evidence of the same to the Council. 1.4 That not more than 25% of the Market Dwellings shall be occupied until the Owner has entered into a binding Contract contract with the Registered Provider for the transfer of the completed Affordable Housing Units and no more than 50% of the Market dwellings Dwellings shall be occupied before the Affordable Housing Units are completed.

Appears in 1 contract

Samples: Section 106 Planning Agreement

Affordable Housing. 1.1 The Owner covenants with the Council that not less than 11 13 Dwellings to be constructed on the Site pursuant to the Planning Permission shall be Affordable Housing Units 1.2 The Owner covenants with the Council that the Affordable Housing Units shall be made available as 4 6 Affordable Rented Housing units and 7 Shared Ownership Housing units (or such other type or mix of tenure as the Council may approve in writing) 1.3 To construct the Affordable Housing in accordance with the approved planning permission and the Scheme Development Standards and to provide satisfactory evidence of the same to the Council 1.4 That not more than 25% of the Market Dwellings shall be occupied until the Owner has entered into a binding Contract with the Registered Provider for the transfer of the completed Affordable Housing Units and no more than 50% of the Market dwellings shall be occupied before the Affordable Housing Units are completed.

Appears in 1 contract

Samples: Section 106 Planning Agreement

Affordable Housing. 1.1 The Owner covenants with the Council that not less than 11 8 Dwellings to be constructed on the Site pursuant to the Planning Permission shall be Affordable Housing Units 1.2 The Owner covenants with the Council that the Affordable Housing Units shall be made available as 4 8 Affordable Rented Housing units and 7 or Shared Ownership Housing units (or such other type or mix of tenure as the Council may approve in writing) 1.3 To construct the Affordable Housing in accordance with the approved planning permission and the Scheme Development Standards and to provide satisfactory evidence of the same to the Council 1.4 That not more than 25% of the Market Dwellings shall be occupied until the Owner has entered into a binding Contract with the Registered Provider for the transfer of the completed Affordable Housing Units and no more than 50% of the Market dwellings shall be occupied before the Affordable Housing Units are completed.

Appears in 1 contract

Samples: Section 106 Planning Agreement

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Affordable Housing. 1.1 The Owner covenants with the Council that not less than 11 3 Dwellings to be constructed on the Site pursuant to the Planning Permission shall be Affordable Housing Units 1.2 The Owner covenants with the Council that the Affordable Housing Units shall be made available as 4 Affordable Rented Housing units and 7 3 Shared Ownership Housing units (or such other type or mix of tenure as the Council may approve in writing) 1.3 To construct the Affordable Housing in accordance with the approved planning permission and the Scheme Development Standards and to provide satisfactory evidence of the same to the Council 1.4 That not more than 2550% of the Market Dwellings shall be occupied until the Owner has entered into a binding Contract with the Registered Provider for the transfer of the completed Affordable Housing Units and no more than 50% of the Market dwellings shall be occupied before the Affordable Housing Units are completed.

Appears in 1 contract

Samples: Section 106 Planning Agreement

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