Affordable housing grant - I believe this is the upfront grant from central government of between 50k and 100k to local authorities towards the cost of affordable housing (cost rental or affordable purchase.) Its paid out of the affordable housing fund. Size of grant is a function of density. Apartments such as St Michaels Estate should attract 100k each. Highlights a bit of an anomaly with AHB provided cost rental as CREL is repayable and so must be included in rent while the Affordable housing grant is not. Other thinks being equal this should allow LA's to provide cheaper cost rental however public procurement processes generally work in the opposite direction.....
Affordable housing grant - I believe this is the upfront grant from central government of between 50k and 100k to local authorities towards the cost of affordable housing (cost rental or affordable purchase.) Its paid out of the affordable housing fund. Size of grant is a function of density. Apartments such as St Michaels Estate should attract 100k each. Highlights a bit of an anomaly with AHB provided cost rental as CREL is repayable and so must be included in rent while the Affordable housing grant is not. Other thinks being equal this should allow LA's to provide cheaper cost rental however public procurement processes generally work in the opposite direction.....
Recording of the event is now available here https://www.youtube.com/watch?v=1PqaWBpwQMY