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Quick thread on affordable housing issues today in HoC
Below quick comparison between W Printworks & 2 other nearby developments approved in 2019
They deliver 35% affordable housing + CIL + school land
Also CIL public examination August 2019 results
1/
towerhamlets.gov.uk/lgnl/planning_…
Quick summary of why 21% not enough even compared to the 20% approved by Sir Ed Lister in 2016
Other schemes delivered 35% or promising it locally and paying CIL
2/
And quick summary of late stage review which Minister said "The Secretary ofState agrees with the Inspector that a late stage review would meet the tests in
Regulation 122(2) and that this would be of some benefit although its effect would be
limited (IR537)" note limited
3/
Will comment later on late stage review issue & what one MP said about relationship between CIL & affordable housing and implication that £50 million would have been paid later
Even if true massive cashflow advantage to Desmond but Minister said himself would be limited
4/
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