Land Value Capture
The HCLG Committee announced here their Land Value Capture (LVC) report. There is a summary of its 77 pages. The full report covers the scope for LVC, reform to S.106, reform to CIL and the 1.5m housing target. Recommendations are from page 61.
An Epilogue criticises the Government’s Homes for London policy (See an earlier update). The GLA said (page 59) it can result in inflated land values and slow down delivery and the Committee sent a letter to Steve Reed MP.
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Planning, Environment and Transport committee meeting
📅 Thu 11th December | 14:00 - 16:00
🚩 Room B1 70 Cowcross St, EC1M 6EJ (map)