Communities Get Clear Sight Of How Councils Spend Developer Cash

Councils will be required to report on the total amount of funding received from housing developers and how it was spent. A reformed Community Infrastructure Levy (CIL) accounts for every pound of property developers’ cash, levied on new buildings. Builders already have to pay up for roads, schools, GP surgeries, and parkland needed when local communities expand. In 2016/17 alone they paid £6bn toward local infrastructure. Read more on 24housing.

https://www.24housing.co.uk/news/communities-get-clear-sight-of-how-councils-spend-developer-cash/