Published: 1st Sep 2019

Councils will be forced to publish details of how they spend cash handed over by property developers for new infrastructure projects, under new rules which come into force today (1 September). The new rules around the community infrastructure levy (CIL) mean councils will be legally required to publish any deals done with housing developers, so residents can see exactly how money will be spent investing in the future of their community. Local authorities will also now be required to publish an annual report on the all the CIL agreements entered into with developers from December 2020 onwards. Restrictions will also be eased to allow councils to fund single, larger infrastructure projects from the cash received from multiple developments, giving greater freedom to deliver complex projects at pace. According to the government, local authorities received £6 billion between 2016 and 2017 under the CIL towards local infrastructure helping create jobs and growth. … (To read the full article, subscribe below)