Chorley Council Registered Provider Partnership Framework

The process for allocating affordable units, which will be secured through a Section 106 Agreement, is as follows:

1. the planning application will be determined, and the Section 106 Agreement signed which will specify that the affordable units must be allocated in line with this Framework
2. the developer will be required in the first instance to liaise with the council regarding the transfer of the affordable units
3. if the council do not wish to secure the affordable units, the developer can transfer the affordable units to any other Registered Provider on the Framework. The preference is that if a particular RP owns significant existing stock in the area of the development then the affordable units should be allocated to that RP. The developer must notify the council which RP has secured the units upon entering into a contract
4. prior to or upon completion of the affordable units, the Registered Provider will pay the developer the agreed transfer value.