Due to high house prices, relatively low incomes and a high need for affordable homes but limited existing stock, we have a major shortfall of affordable housing in East Devon. To help overcome this shortfall, new residential developments will need, in most cases, to include some affordable housing or provide a commuted sum payment towards affordable housing. If a planning application does not meet the requirements for the provision of affordable housing it may be refused.
Our requirement for affordable housing is based on robust evidence of housing need. Developers are expected in most cases to contribute towards the provision of on-site affordable housing. Where it is not possible to provide on-site affordable housing a cash payment in lieu known as a commuted sum will be payable.
It is important that developers are aware of the housing policy implications before any site or property is purchased. The cost of affordable housing should be included in any calculations before acquisition.