THE number of low-cost homes on a new estate in Wheatley, Halifax, looks set to be slashed because of the economic downturn.
Boxford Holdings was given permission to build 86 properties at Box Tree Mill, Boy Lane, in July 2006 on the understanding that one in five properties would be “affordable”.
But instead of providing 17 cut- price houses, councillors have agreed to reduce the number to just three.
An assessment of the scheme’s economic viability was carried out by the council and the District Valuer.
They estimate the scheme could make a profit of nearly 18 per cent, of which 3.2 per cent could go towards building affordable homes on or off the site.
Calderdale Council planning committee has accepted the change but will continue to require a £50,000 contribution from the developer towards improving neighbouring sport and play areas.