Construction UK Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
05/01/2018

Developers To Disclose Finances If They Miss 'Affordable' Housing Targets

Construction News Image
Brighton & Hove City Council has unveiled plans for developers to publicly disclose detailed financial information if they miss 'affordable' housing targets.

Currently, developments of over five or more residential units must provide a percentage of 'affordable' housing unless it would make the scheme financially unviable. Any scheme over 15 units should provide 40% of 'affordable' housing.

Present rules mean developers submit viability assessments to the council which are then independently assessed by the District Valuer Services (DVS). The viability information and the independent assessment are currently not disclosed to the public in order to protect commercial confidentiality.

-- Advertisement --
hss

However, the new proposals would see property developers reveal their sums in applications falling short of the 'affordable' housing targets.

A public consultation on the issue last autumn revealed the majority of respondents felt the measures would lead to greater transparency, understanding and trust in the planning system. However, developers were concerned that commercially sensitive information could be disclosed and therefore impact on future development in the city.

Cllr Alan Robins said: "In many cases there may be perfectly good reasons why a developer cannot meet 40 per cent. For example a council might want them to pay for other things such as a new leisure centre.

"But sometimes developers might be trying their luck by raising viability issues. Either way, it could be beneficial for the public to have the same information as councillors on the planning committee, so that everyone understands why a given amount of affordable housing was accepted or rejected."

Councillors will be asked to approve the new requirements in a report to the tourism, development and culture committee on 11 January. If approved, the new requirements would come into force early this year.

(LM/MH)

Latest Construction News

03/05/2024

Construction firm GRAHAM has started building work on a £19 million Community Diagnostic Centre (CDC) in Workington town centre. The Centre will be located next to Cumberland Council's government-funded Innovation Hub which is also under development in Central Way. GRAHAM is the principal ...
03/05/2024

Significant progress is being made on a new £2 million recycling centre in Haverhill. Construction works are being completed by FCC Environment and its contractor DXI Regeneration Ltd, on behalf of Suffolk County Council. The facility will be operated by FCC Environment, which manages all of ...
03/05/2024

Midlands contractor G F Tomlinson has started work on a new primary school in Dunstall Park Estate, Tamworth. The work is taking place on behalf of Staffordshire County Council alongside project managers and concept architects, Entrust. The project was procured through the Constructing West ...
03/05/2024

Galliford Try has made another step in its carbon reduction journey with the deployment of a new digital platform across its Infrastructure projects. The platform, Qflow, automates data capture and processing by extracting information from delivery and waste tickets, using Artificial Intelligence ...
03/05/2024

Underfloor heating is the most efficient method of heating a room and is fast becoming the most popular option for new building and property refurbishments. As a result, more trade professionals are being asked to install underfloor heating and self-builders and renovators are using it as their ...
03/05/2024

Farrans is making significant progress at Barsham Water Treatment Works in Suffolk, where its client Essex and Suffolk Water is investing more than £49 million in upgrades to the site. Due to be complete in 2025, the project will provide improvements to the resilience and quality of drinking ...
03/05/2024

Work has been completed on a new bridleway bridge at Lindsells Level Crossing in Biggleswade, Bedfordshire. Work started in December 2022 on the fully accessible bridleway bridge which allows pedestrians, horse riders, cyclists and other users to safely cross the railway line, providing better ...
03/05/2024

Ideal Work UK has unveiled Microtopping®, a revolutionary cementitious coating that delivers the sleek, sophisticated look of polished concrete with unparalleled versatility and ease of application. ...
03/05/2024

Building work has commenced on a new development in Oundle that will bring self-contained extra care apartments to the area along with 62 homes and three self-build plots. Persimmon's East Midlands team have started preparing the Barnwell Walk site off St Christopher’s Drive in the town and expect ...
03/05/2024

Morgan Sindall has been appointed to two new Pagabo frameworks. The two frameworks are valued at £1.6 billion each and will run for four years. It was confirmed earlier this month that Morgan Sindall had been appointed to the new £1.6bn Healthcare Decarbonisation Framework from Pagabo, which has ...
Think Construction Skills Ltd.BRICOFLOR UKLakeside HireJWCAqua Direct LtdEfco UK LtdScotdeck LtdTanks For Everything LtdBarrier MartCompass Protection Manufacturing Limited
Terms and Conditions
2024/05/06 15:58:21