Fees
All partners are required to contribute to the cost of service delivery. A fee will therefore be charged for each affordable housing unit delivered through the Framework. These fees go towards the provision of services which enable the delivery of affordable housing and assist in funding the administrative services required to secure and maximise affordable housing delivery. They may also be used to secure any other additional services directly relating to affordable housing delivery.
The total fee for a development is payable by the Registered Provider to the council when a start on the first affordable unit on a site is made by the developer or upon entering into a contract with the developer if the affordable units commence prior to this. The fees cannot be paid from reserves which have been accumulated via funded schemes such as Recycled Capital Grant Fund.
The fee is £500 per affordable unit. This fee will be increased annually by RPI.