The Council has published its Affordable Housing Economic Viability Assessment undertaken by consultants DTZ. The economic viability has been undertaken using a bespoke valuation model specifically designed for the purpose of testing affordable housing policies and scenarios to assist the Council in assessing the appropriateness and robustness of its affordable housing policy. The approach tested a number of hypothetical sites typical of those coming forward across the District, and in order to assess different affordable housing options, a number of key variables were selected to test the levels of affordable housing provision. The results have determined that the percentage of affordable housing requested by the Council will have to be flexible to reflect prevailing market conditions.
The report and appendices are available to view and download below: