Overview

This bill amends the Town and Country Planning Act 1990 to allow local planning authorities in England and Wales to use money received through planning agreements (Section 106 agreements) to build and improve housing. This will increase the funding available for housing projects.

Description

The bill makes a specific amendment to Section 106 of the Town and Country Planning Act 1990. It adds a clause allowing local planning authorities to use funds received under Section 106 agreements for building, maintaining, or improving residential properties. The definition of "residential premises" will be consistent with the Housing Act 2004. The amendment explicitly states that this new use of funds doesn't limit the existing ways Section 106 payments can be used. Importantly, this amendment only applies to planning obligations agreed to *after* the bill becomes law (two months after passing).

Government Spending

The bill is not expected to directly increase or decrease overall government spending. Instead, it redirects existing funds collected through Section 106 agreements, which are currently used for various community projects, towards housing development and improvements.

Groups Affected

• Local Planning Authorities: They will have greater flexibility in using Section 106 funds, potentially leading to increased housing development in their areas.
• Developers: The bill may not directly affect developers but could influence the types of community contributions they are required to make as part of planning applications.
• Housing Associations and Developers: They may benefit from increased funding for housing projects, leading to more affordable housing options.
• Residents: May see more housing development and improvements in their communities.

Powered by nyModel