NI 155 Sample Clauses

NI 155. Number of affordable homes delivered (gross) There is a well-established Xxxxxx Keynes Council/Xxxxxx Keynes Partnership Joint Housing Delivery Team that meets monthly. The team is well-placed to take advantage of government initiatives and new sources of funding. For example a recent Communities and Local Government (CLG) announcement included the following: “The Government is committed to a major increase in affordable and social housing to meet demand and cut waiting lists. But with current challenging market conditions, providers are finding it more difficult to deliver their affordable housing schemes. The Government has decided to bring forward £400 million for social housing from existing budgets, delivering up to 5,500 more homes over the next 18 months. For the first time local authorities with existing stock will able to apply for this grant to build social housing, alongside registered social landlords. As well as delivering the social housing so desperately needed in many areas, this will also help to maintain capacity within the housebuilding industry, and help prepare the ground for the recovery in the market.” (CLG press release, 2 Sept). This indicator requires that for 2008/09 there are 595 Affordable Housing completions (for 2009/10 it is 655 and 2010/11, 805). For the first 6 months of this year 65% of the target has been achieved. Furthermore, there are almost 600 Affordable Housing properties under construction. By the end of December the council should know for certain whether this target will be met for 2008/09 or not.
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Related to NI 155

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