Decision details

Report back on notice of motion: Redefining affordable housing (minute 541)

Decision Maker: Council

Is Key decision?: No

Is subject to call in?: No

Purpose:

Canterbury City Council commits to an urgent review of the definition of ‘affordable’, as used by them in the context of housing and rents, to be completed within the next three months.

It’s new definition (post review) will reflect with greater clarity the real incomes and circumstances of citizens living and working in our authority. Consideration will be given to comparing disposable incomes (rather than mean incomes), additionally median house prices when describing the affordability of property to buy, and setting ‘affordable rents’ as a proportion of median household income rather than market rates.

The revised definition will be adopted by Canterbury City Council, embedded in existing policy and used in the new Corporate Plan and refresh of the Local Plan.

Decision:

That the Council note the responses to the Notice of Motion by the Policy and Resources Committee at Minute No. 541 (2019/20).

 

 

Publication date: 12/02/2020

Date of decision: 08/01/2020

Decided at meeting: 08/01/2020 - Council