New research is to be commissioned by Department for the Environment Northern Ireland (DoENI) into economic impacts of developer contribution schemes, following a consultation that ran earlier this year.
The DoENI writes:
Social Development Minister, Mervyn Storey MLA, and Environment Minister, Mark H Durkan, are to commission research on the likely economic impact of Developer Contributions Schemes.
Developer Contributions Schemes are a means of providing additional numbers of social and affordable housing units, often alongside new owner-occupied housing, in mixed income communities and are already in place across Great Britain and the Republic of Ireland.
The Department for Social Development (DSD) and the Department of the Environment (DOE) consulted on the possible introduction of a Developer Contributions Scheme in Northern Ireland. The consultation ran from 3 June 2014 to 23 September 2014.
