Affordable Housing Economic Viability Assessment

An Affordable Housing Economic Viability Assessment 2011 (AHEVA) was carried out to inform the council’s further development of its affordable housing policies and this was partially updated in 2016.

These studies contributed to a robust evidence base to support the preparation of the Council’s Local Plan and planning policy documents relating to affordable housing. It provided parameters and options for the Council to consider for affordable housing policy development from a viability perspective. The study considered viability over a range of values to test how viability varied over geography and over time taking into account variations in market conditions.