The high cost of viability assessments: 2,500 affordable homes lost in just one year

Over the last year, we’ve blogged many times about viability assessments, their role in cutting affordable homes, and the lack of transparency around how developers use them.

New research from Shelter shines a light on just how much damage this legal loophole is doing. Eleven councils covering nine English cities lost 2,500 affordable homes in just one year on schemes where developers used viability assessments. That’s equivalent to a 79% cut in desperately needed affordable homes to … Read more