To consider a report of the Executive Member for Housing and Communities.

That approval be given to the establishment of a Trafford Affordable Housing Fund financed by S106 Commuted Sum monies, and the approach for approving applications to the Fund as set out in paragraph 6.3 of the report.

The Executive Member for Housing and Communities submitted a report which proposed the establishment of a ‘Trafford Affordable Housing Fund’ using Section 106 Commuted Sum monies. It identified the priorities of the Fund and the process for utilising the Fund in partnership with Registered Providers.An opportunity was provided for Members to raise questions on the report’s content; and in discussion it was noted that it was envisaged that there was potential for further expansion of the fund in future, on receipt of relevant Section 106 contributions.

RESOLVED - That approval be given to the establishment of a Trafford Affordable Housing Fund financed by S106 Commuted Sum monies, and the approach for approving applications to the Fund as set out in paragraph 6.3 of the report.