Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Developer agrees £114m for affordable housing, but may not have to pay any of it
Proposals to deliver nearly 2,400 homes across five towers in central Manchester look likely to proceed after their developer struck an agreement over affordable housing with the council.
At a planning committee last August, city councillors said they were minded to approve two separate applications brought forward by Renaker, subject to “a legal agreement for a review mechanism for a financial contribution towards off-site affordable housing” and off-site biodiversity mitigation.
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