5.0 Eligible Organisations 5.1 The following organisations will be eligible to apply for funding from the AHF Registered Social Landlords Housing Authorities with powers to develop their own Affordable Housing Housing co-operatives for schemes that meet the definition of eligible schemes (given below) Community Land Trusts for schemes that meet the definition of eligible schemes (given below) 6.0 Eligible Schemes 6.1 A scheme will be considered eligible if it is to provide, in perpetuity, affordable housing in accordance with the following definition. Defined as properties provided by Local Authorities and Registered Social rented Social Landlords (RSLs) for rent at the Welsh Government guideline rents and Benchmark Rent Levels (or equivalent); and Intermediate Housing where prices or rents are above those of social rented housing but below market housing prices or rents, such as properties available for intermediate rent or shared equity schemes. 6.2 Schemes with any element of market housing or houses with unrestricted occupancy will not be considered acceptable for funding from the AHF. In addition to the above:- Eligible schemes will ideally by on the Unitary Authorities reserve list for Social Housing or be at least known to the Housing Authority as potential sites for the provision of affordable housing. Eligible schemes will ideally have received planning permission however schemes known to the NPA, which have received pre-application advice, will also be considered. 7.0 Monitoring and Review 7.1 In order to ensure that the information within this document remains relevant this document will be reviewed annually and re-issued each April. Please ensure that you are viewing the most up-to-date version of this document. The elements that are most subject to change are Section 4 Priority areas for spending and Appendix b Balance of Affordable – – Housing Fund. 7.2 The NPA will also require successful applicants to provide frequent updates in relation to the progress of the scheme. Where money is unspent within a three year period the NPA will require that it is returned for re-allocation. 7.3 The NPA will produce an annual report detailing the spending of the AHF and the progress of the schemes allocated funds. This will be published alongside the reviewed Affordable Housing Strategy each April.
5.0 Eligible Organisations 5.1 The following organisations will be eligible to apply for funding from the AHF Registered Social Landlords Housing Authorities with powers to develop their own Affordable Housing Housing co-operatives for schemes that meet the definition of eligible schemes (given below) Community Land Trusts for schemes that meet the definition of eligible schemes (given below) 6.0 Eligible Schemes 6.1 A scheme will be considered eligible if it is to provide, in perpetuity, affordable housing in accordance with the following definition. Social rented Defined as properties provided by Local Authorities and Registered Social Landlords (RSLs) for rent at the Welsh Government guideline rents and Benchmark Rent Levels (or equivalent); and Intermediate Housing where prices or rents are above those of social rented housing but below market housing prices or rents, such as properties available for intermediate rent or shared equity schemes. 6.2 Schemes with any element of market housing or houses with unrestricted occupancy will not be considered acceptable for funding from the AHF. In addition to the above:- Eligible schemes will ideally by on the Unitary Authorities reserve list for Social Housing or be at least known to the Housing Authority as potential sites for the provision of affordable housing. Eligible schemes will ideally have received planning permission however schemes known to the NPA, which have received pre-application advice, will also be considered. 7.0 Monitoring and Review 7.1 In order to ensure that the information within this document remains relevant this document will be reviewed annually and re-issued each April. Please ensure that you are viewing the most up-to-date version of this document. The elements that are most subject to change are Section 4 – Priority areas for spending and Appendix b – Balance of Affordable Housing Fund. 7.2 The NPA will also require successful applicants to provide frequent updates in relation to the progress of the scheme. Where money is unspent within a three year period the NPA will require that it is returned for re-allocation. 7.3 The NPA will produce an annual report detailing the spending of the AHF and the progress of the schemes allocated funds. This will be published alongside the reviewed Affordable Housing Strategy each April.