Issue - meetings

Background:

This report presented the Annual Medway Authority Monitoring Report (AMR) 2023, set out at Appendix 1 to the report, which provided an assessment of development trends and wider social, economic and environmental indicators, together with progress on the preparation of the new Medway Local Plan.

A key measure reported in the AMR was the annual level of housebuilding in Medway, which was 950 new homes being built in 2022-23. Although this figure was lower than for the previous three years of delivery, it was historically high for Medway. The rate fell short of the defined level of local housing needs for 1,667 homes a year, following the standard method set by government.

The report also presented the Infrastructure Funding Statement (IFS) 2023, set out at Appendix 2, which set out details of funding agreed, received and spent through developer contributions, and proposed spend on infrastructure. A full breakdown of contributions spent in 2022/23 was set out in the Infrastructure Funding Statement.

Reasons:

To comply with the duty to compile and publish a planning monitoring report.

To satisfy the requirement to annually publish an Infrastructure Funding Statement.