A Whole Local Plan Viability Assessment has been completed recently (May 2022) to inform the viability of implementing new and revised policies through the Local Plan review and to assist in setting affordable housing targets. This study will contribute to a robust evidence base to support the preparation of the Council’s Local Plan review 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 as well as other policies that have a cost impact on development. 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.
For information purposes the previous Affordable Housing Economic Viability Assessment 2011 (AHEVA) is available to view below. This was partially updated in 2016.