Lord Jones of Cheltenham: To ask Her Majesty's Government what plans they have to maintain the use of section 106 agreements to deliver affordable housing.
Lord Greenhalgh:
The Government’s White Paper, Planning for the Future proposes that a new
‘Infrastructure Levy’ will replace section 106 planning obligations and the
Community Infrastructure Levy and be set in a way which delivers at least as
much - if not more - onsite affordable housing than at present. It also
proposes that the Levy will be payable on the completion of development. To
better support the timely delivery of infrastructure, local authorities would
be allowed to borrow against Infrastructure Levy revenues so that they could
forward fund infrastructure.
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