theresa may to sort out the housing crisis lie

Theresa May recently laid out her “personal mission” to sort out the housing crisis. But, according to The Telegraph, so far builders have “shrugged their shoulders” at her proposals. And Colin Lewis, chief executive of housebuilder Avant Homes, has said England has “a lot to learn” from initiatives in Scotland.

https://www.thecanary.co/discovery/analysis-discovery/2018/03/14/theres-worrying-trend-housing-make-crisis-worse/

this is where the lie comes into play

Rural communities denied affordable housing as developers exploit loophole

This animation, from the CPRE, highlights that England hasn’t built enough genuinely affordable homes in rural or urban areas for decades. Following cuts to capital grant and financial restrictions on councils, we now rely on private developers to deliver a large share of new affordable homes through the Section 106 system. But since 2012, national planning rules have blunted this tool by enabling the widespread use and abuse of viability assessments.

http://www.politics.co.uk/opinion-formers/campaign-to-protect-rural-england-cpre/article/rural-communities-denied-affordable-housing-as-developers-ex

Developers must commit to building affordable houses when they propose a new development.

But they are using a legal loophole to prioritise profit and back out of building the affordable homes people need.

This loophole is known as ‘the viability assessment’.

If the assessment shows the developer’s profit will be less than 20 per cent, the developer can argue that they should be allowed to build fewer affordable homes.