Property developers should have to publish the evidence they rely on in making viability assessments of how much affordable housing they can afford to include in new developments, according to a Shelter blog post. Having seen the viability assessment, they are now making sure that their community is getting the best outcome – and this is exactly what should be happening. It also said that while developers should be allowed to make a profit that should not be at the expense of squeezing out affordable housing. The government has been under pressure from local authorities and campaigners for more than two years over its plans to increase the number of social rented homes by around 20,000 – including through private landlords who rent them The comments were prompted by the accidental release of an unredacted viability assessment of the Hornsey Town Hall development in north London.
Property developers should have to publish the evidence they rely on in making viability assessments of how much affordable housing they can afford to include in new developments, according to a Shelter blog post. It also said that while developers should be allowed to make a profit that should not be at the expense of squeezing out affordable housing. The government has been under pressure from local authorities and campaigners for more than two years over its plans to increase the number of social rented homes by around 20,000 – including through private landlords who rent them The comments were prompted by the accidental release of an unredacted viability assessment of the Hornsey Town Hall development in north London.