31 Jul '17, 6pm

Making the case for affordable housing on public land

Making the case for affordable housing on public land

Ensuring that the One Public Estate agenda is improved to promote a joined-up strategy for public authorities to keep the freehold of sites in public or community ownership, or as a long-term equity stake which allows local authorities to ensure that any homes built are designed to meet the needs of local residents. This could mean setting up partnerships with community-led and other not-for-profit projects before land is listed as surplus. Clarifying ‘less than best consideration’ legislation and extending it to cover all public land sites, with an updated limit beyond £2 million to reflect rising land values. Promoting restricted-sale tenures on developments on public land that give occupiers full ownership rights but restrict the value at which they can sell their homes when they choose to do so. Such models have been pioneered by community land trusts and are useful fo...

Full article: http://neweconomics.org/2017/07/affordable-housing-public...

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