- Item
- Financial Viability Assessment
- Driver
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Local requirement.
- When required
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Required for 10 or more units when the Council’s threshold for affordable housing is not being met.
- Further information and guidance
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Any viability assessment should be supported by appropriate available evidence informed by engagement with developers, landowners, and infrastructure and affordable housing providers. Any viability assessment should follow the government’s recommended approach to assessing viability as set out in the National Planning Guidance and be proportionate, simple, transparent and publicly available.
Government guidance on financial viability for housing-led projects.