Policy information sourced from the Tower Hamlets Local Plan
D.SG5 Developer contributions
1) Development will be expected to:
- pay community infrastructure levy charges required by any charging schedules which are in operation for the area within which the development is located, including the Mayor of London’s community infrastructure levy
- enter into Section 106 agreements to provide affordable housing and make provision to mitigate the impacts of the development where necessary or appropriate, having regard to any relevant supplementary planning documents or guidance, and
- submit a financial viability assessment as part of the planning application, where required, which may be subject to independent scrutiny by appointed experts, at the applicant’s cost, where they do not meet planning policy requirements or do not propose to deliver required Section 106 planning obligations.
2) For site allocations, the policies set out in this plan may be applied flexibly to ensure that the sites are viable and deliverable.
3) Vacant building credit has the potential to adversely impact our ability to meet the affordable housing target and will not apply in the borough. This policy acts as an exemption from its application in Tower Hamlets.
For more information please see the Local Plan