Object

Representation ID: 31187

Received: 22/07/2016

Respondent: Cambridge GRT Solidarity Network

The need for affordable rented housing.

The area suffers from an almost complete lack of local genuinely affordable housing, with limited scope for improving the situation. Nationally, affordable housing is set at 80% of market value. For this area,80% of market value would be unaffordable for the majority of people in this area.

By far the best opportunity to achieve genuine affordable housing in this area is the Depot site, and this is entirely due to its ownership by the Council. According to the Council Leader, the Council have committed to supplying 50% social housing at 40-60% market rents. This is not mentioned in the SPD and will directly impact on the type of housing provided. Interest was also expressed in the provision of rented Co-operative housing.