If the capital grant needed to subsidise the build cost comes from the Government’s Homes & Communities Agency, rents would be set at 80% of the market rent for properties of similar size or at the local housing allowance, whichever is the lower amount. If the grant comes from the community

(Rents in Dalwood are set at 80% of the market rent and are £102.37/week for a 1bed flat and £126.31/week for a 2bed house. These rents are paid over 48 weeks so the 52/week equivalent will be a little lower. The Local Housing Allowance for East Devon (i.e. the most payable through Housing Benefit) is £123.58/week for a 1bed flat and £153.02/week for a 2bed house so the actual rents are clearly much lower.)