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Scheme will bring in cash from developers for associated infrastructure
23/07/2024
Consultation underway on a draft Community Infrastructure Levy
We’re being asked to have our say on a scheme that could be used locally to get additional money from developers when they build in our area, to pay for things like healthcare centres and sports facilities.
A consultation is underway on a draft Community Infrastructure Levy. This is a charge that local authorities can levy on new development to ensure that the correct infrastructure supports new homes.
The consultation seeks people’s thoughts on the proposed rates, charging areas, discretionary reliefs, and a viability report. The draft was approved by Cherwell District Council’s Executive in April.
Councillor Jean Conway, Portfolio Holder for Planning and Development Management, said: “We are committed to providing the housing and places of work that our communities need. But as they are brought forward, it’s also our role to make sure developers provide funding for the correct infrastructure to support them, be that schools, active travel, open spaces or connectivity.
“The Community Infrastructure Levy would be a flexible new way for the council to generate this funding. We look forward to hearing from residents and other stakeholders before further work on this emerging policy is done.”
The Community Infrastructure Levy would help provide some additional resource for infrastructure in addition to that already secured through Section 106 agreements.
The consultation can be found here.
Published: by Banbury FM Newsteam