Affordable Housing - Shepway District Council

Affordable Housing - Supplementary Planning Document (SPD) - Adopted September 2008Appendix 2 - DefinitionsPPS3 Definitions:-Affordable Housing includes social rented and intermediate housing, provided tospecified eligible households whose needs are not met by the market. Affordablehousing should :- meet the needs of eligible households including availability at a cost low enoughfor them to afford, determined with regard to local incomes and local house prices;and- include provisions for:(i) the home to be retained for future eligible households; or(ii) if these restrictions are lifted, for any subsidy to be recycled for alternativeaffordable housing provision.Social Rented housing rented housing owned and managed by local authorities andRSLs, for which guideline target rents are determined through the national rentregime. It may also include rented housing owned or managed by other personsand provided under equivalent rental arrangements to the above, as agreed with thelocal authority or with the Housing Corporation as a condition of grant.Intermediate affordable housing is housing at prices and rents above those of socialrent but below market price or rents, and which meet the criteria set out above.These can include shared equity (eg HomeBuy) and other low cost schemes for sale,and intermediate rent.Shepway District Local Plan Review (2006) definitions:Affordable Housing Housing for people who are not able to afford to purchase orrent adequate accommodation on the open market without subsidy.Household One person, a family, or group of people living at the same address andsharing the same domestic facilities.Other:Shepway District Council - Local Development Framework35