Conservative Calls For Developers To make Their Economic Viability Assessments Public

Conservative Calls For Developers To make Their Economic Viability Assessments Public

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Cllr Robert Nemeth, Conservative Group Economic Development & Culture Spokesman, has called for developers to make their economic viability assessments public. This is following recent high profile examples of developers claiming that they cannot afford to meet the Council’s requirements to provide affordable housing on site.

Planning legislation, known as Planning Gain, allows local planning authorities to require developers to build a certain percentage of social housing on new sites.

However, developers have been able to avoid the social housing obligation by claiming that it is not economically viable for them and inevitably many make this claim, resulting in less affordable housing.

If developers have to make their economic viability claims public, this will allow public scrutiny, assisting Brighton & Hove Council to judge which developers genuinely cannot afford to meet their obligations.

Robert Nemeth stated that the Conservative Group could not support social housing plans where they affect developments of between 5 and 9 units, because they are counterproductive and can result in no homes at all being built.

He believes this will help to maximise the amount of affordable housing being built. 

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