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The Housing, Communities and Local Government (HCLG) Committee has published the written evidence submissions for its inquiry into how land value capture policies – which seek to capture the value uplift on land when it is granted planning permission – can contribute to Government’s house building plans.
Parliament UK writes:
The Housing, Communities and Local Government (HCLG) Committee has published today the written evidence submissions for its inquiry looking at how land value capture policies – which seek to capture the value uplift on land when it is granted planning permission – can contribute to the delivery of the Government’s house building plans and help fund affordable housing and public infrastructure.
The Committee published these submissions ahead of the first evidence session on 23 April with experts including representatives from the Town and Country Planning Association, the Royal Institute of Chartered Surveyors, Transport for London, Centre for Cities, and the LSE.
The Committee received evidence submissions received from industry bodies, government & public bodies, councils, planners, and academic experts.
The Committee received submissions from organisations including the Royal Town Planning Institute, the National Housing Federation, the County Councils Network, BusinessLDN, the Home Builders Federation, and the Country Land and Business Association. The evidence submissions cover a range of topics, including potential reforms to the existing section 106 and Community Infrastructure Levy (CIL) regimes; proposals for new mechanisms of land value capture, such as a land value tax; and arguments in favour of the retention of the current system.
At the evidence session on Wednesday 23 April, the cross-party Committee asked questions on possible reforms to the current system of developer contributions towards affordable housing and infrastructure. MPs also examined the Government’s plans to reform compulsory purchase compensation rules, and how increases in land value may be captured more effectively for public good. The Committee explored how land value capture mechanisms could be optimised to operate with the Government’s planning reform agenda, including ~~the delivery of New Towns.
