Economic Appraisal and Viability

News, analysis and discussion of economic appraisal and viability of development proposals.

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Economic Appraisal and Viability News

Energy firm makes first payment to shale gas community benefit fund

Energy firm makes first payment to shale gas community benefit fund

Energy firm Cuadrilla has this week made its first community payment under a new scheme to provide local benefits in areas subject to shale gas exploration.

Exclusive: Councils spend just 16% of CIL on infrastructure, investigation shows

Exclusive: Councils spend just 16% of CIL on infrastructure, investigation shows

The first 32 councils to start charging the Community Infrastructure Levy (CIL) have spent just 16 per cent of the tens of millions of pounds they have collected on infrastructure, according to a Planning investigation.

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Islington proposes 50 per cent affordable housing at prison redevelopment

Islington proposes 50 per cent affordable housing at prison redevelopment

A north London council is proposing that 50 per cent of all housing delivered via the redevelopment of a former prison site be classed as affordable, a draft planning document has revealed.

London mayor confirms 'threshold approach' to affordable housing

London mayor confirms 'threshold approach' to affordable housing

Developments in the capital which do not meet a 35 per cent affordable housing threshold, or require public subsidy to do so, will be required to submit 'detailed viability information' to the Greater London Authority (GLA) to be 'scrutinised and treated transparently', according to planning guidance published today.

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Why mayor's angry words over affordable housing negotiations may prove to be hollow

Why mayor's angry words over affordable housing negotiations may prove to be hollow

When London mayor Sadiq Khan blasted a borough council for agreeing a substantial reduction in the number of affordable homes in a major development, he was met with defiance.

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Economic Appraisal and Viability Comment

Retention of unspent CIL receipts is not in itself a sign of a problem, by Richard Garlick

The future of the Community Infrastructure Levy (CIL), which requires developers to contribute to infrastructure needed to support development across the planning authorities in which they build, is in doubt.

The cash for homes policy that never was, by Shane Brownie

Back in 2014, when Alex Morton was leading on housing policy in Downing Street, the former coalition government announced plans for a £3.5 million project to pilot 'development benefits' - financial payments to households with the aim of reducing opposition to new homes.

Government must make clear when extra fee income will be forthcoming, by Richard Garlick

When the property industry tells ministers that they need to allow planning authorities to increase application fees, then you know that the lack of resources in council planning departments really has become acute.

Khan's affordability deal looks like a tall order, by Joey Gardiner

The recent publication of the pipeline of tall buildings in London, pulled together by consultant GL Hearn, showed a record 455 schemes over 20 storeys at stages between application and completion.

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Economic Appraisal and Viability In Depth

How much Community Infrastructure Levy money have councils actually spent?

How much Community Infrastructure Levy money have councils actually spent?

A Planning investigation reveals that councils have collected tens of millions of pounds in Community Infrastructure Levy receipts, but only a small proportion has so far been spent on infrastructure. John Geoghegan reports.

Policy Briefing: What impact do overseas investors have on housing supply?

Policy Briefing: What impact do overseas investors have on housing supply?

The pros and cons of foreign investment in housing are examined by Matthew White.

How a £2.3 billion government infrastructure fund aims to unlock housing delivery

How a £2.3 billion government infrastructure fund aims to unlock housing delivery

The government sees a key function of a new £2.3 billion infrastructure fund as being to spur local authorities to get up-to-date plans in place, but experts have raised questions over how the funding pot will operate and its likely effectiveness in unlocking housing sites.

Fees survey: How councils plan to spend revenues raised from planning fee increases

Fees survey: How councils plan to spend revenues raised from planning fee increases

A survey of English local authority planners reveals how they expect to spend the extra money promised by the government's proposed application fee rise, reports Mark Wilding.


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