Greenwich Council has introduced a policy that will force developers to publish viability assessments if they say they cannot meet its 35% affordable housing requirement.
According to Inside Housing:
“Developers who submit residential planning applications which do not meet the borough’s target to include at least 35% affordable housing in new developments of more than 10 new homes will have to make their viability assessments public from next week. The council approved the policy at its cabinet meeting last Wednesday.
Currently a developer can request the assessment remains confidential. The Labour-led council will set out what information should be provided when submitting a planning application, depending on the size and type, including the requirement to provide a public viability study.
This will be published on the council’s website, along with all the other documents submitted as part of the planning application.”