Thread by @Andrewwood17

In the House of Commons Kevin Hollinrake MP makes a point that several people asked me about
That had £40 million of CIL being paid it would have reduced the affordable housing %
Technically he is right but misses key point
From 13.25.37 on video
1/
parliamentlive.tv/Event/Index/51…

Had CIL been paid, the affordable housing would have been reduced so that total profit 13.1% remains unchanged
This was in Unilateral Undertaking (UU) by developer Schedule 15 as the MP says
But 21% as starting point was too low, recalculation to be done on developers numbers
2/

Inspector and the Minister both agreed 21% affordable was too low, the starting point should have been nearer 35% or more as separate examiner found all sites locally could deliver 35% affordable + pay CIL at £280 per square meter
See his reports here
towerhamlets.gov.uk/lgnl/planning_…
3/

Unilateral Undertaking document in link
Schedule 15 towards the end
But comments from Inspector suggest Schedule 15 not required to make a decision anyway
S15 clearly states only change allowed is reduction of affordable housing %, GLA objected to that
4/

development.towerhamlets.gov.uk/online-applica…