Planning - impact of Mayoral CIL on affordable homes

Meeting: 
MQT on 2015-03-25
Session date: 
March 25, 2015
Reference: 
2015/1135
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

What is your assessment of the impact of the Mayoral Community Infrastructure Levy on the number of new affordable homes that have been negotiated through Section 106 agreements since its introduction on 1st April 2012?

Answer

Answer for Planning - impact of Mayoral CIL on affordable homes

Answer for Planning - impact of Mayoral CIL on affordable homes

Answered By: 
The Mayor

I have recently reviewed the impact of the Mayoral CIL to ensure it is not having an undue impact on the delivery of affordable housing through Section 106 agreements. This review shows Mayoral CIL rates do not appear to have had a discernible impact on the delivery of affordable housing in London. Affordable housing delivery is subject to a variety of factors, including market conditions and the availability of public subsidy, which has been more constrained in recent years. I will continue to monitor trends very closely.