Viability for Affordable Residential Developments, Building on Shaky Ground
Last week (12th April 2018), the Department of Housing, Planning and Local Government released its Review of Delivery Costs and Viability for Affordable Residential Developments, which enumerated the many reasons why providing affordable homes was difficult. There are many issues with this report, primarily with the lack of urgency in the Government’s response to this national emergency, however one glaring problem is its viability and affordability model. It is neither viable nor affordable.