Greenwich councillors have signed off on plans to increase the amount of money the town hall can charge developers in some parts of the borough. The council plans to increase its community infrastructure levy (CIL) rates for developers building housing in parts of Greenwich, Woolwich, Abbey Wood and Thamesmead. But Aidan Smith, the cabinet member […]
community infrastructure levy
‘We need to strike a fair balance in what Greenwich charges developers’
AIDAN SMITH, Greenwich’s cabinet member for regeneration, explains why the community infrastructure levy is so important for the borough – and why rates for in-demand student housing are not going up. Getting people into safe and secure homes is a priority for the council. With a growing need for affordable housing, local authorities all over […]
Developers set to pay Greenwich Council more towards infrastructure – but only in some areas
Greenwich Council plans to increase the amount it charges large developers to build in the borough – but only in a handful of areas for big developments, it has revealed. The council has been criticised for setting and sticking with a relatively low community infrastructure levy (CIL) – a bill handed to developers so they […]
Greenwich developers could be asked to pay more into council funds
Greenwich Council is planning to formally review the sums it charges developers to build in the borough, amid concerns that the borough has missed out on millions of pounds that could help it improve facilities for residents. Developers in many London boroughs are charged a Community Infrastructure Levy (CIL) to ensure that they contribute to […]
Greenwich Council leader hits out at critics of public realm spending
Greenwich Council leader Danny Thorpe has lashed out at critics who say his authority should be spending more money from developers on parks and public realm. Thorpe blamed nine years of government austerity after senior councillors approved a report detailing how much had been received from developers and spent by the council via two mechanisms, […]
‘I have no idea how this money is spent’ – Greenwich councillors criticise how it deals with developers’ cash
Greenwich Council’s lack of transparency over how it spends millions of pounds from developers was lambasted by councillors and residents’ groups last night – while the councillor in charge said the borough was not promoting its achievements enough. Councillors on the overview and scrutiny panel picked apart how the council deals with Section 106 payments […]
Greenwich Growth Fund: Council backs residents’ votes for spending developers’ cash
Plans to put money from developers into a “growth fund” were backed by Greenwich Council’s cabinet on Wednesday night – with residents able to vote online on how to spend some of it. Money from the new Community Infrastructure Levy (CIL) will be placed into a new Greenwich Growth Fund, and local groups will be […]
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