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Paul Marinko Monday, October 21, 2024

Councils 'sitting on' £8bn of s106 and CIL money

Councils sitting on £8bn of s106 and CIL money image
Image: Clare Louise Jackson / Shutterstock.com

Councils in England and Wales have failed to spend over £8bn of section 106 and Community Infrastructure Levy (CIL) money, according to a new report.

The research by the Home Builders Federation (HBF) estimates councils are ‘sitting on' £6bn of s106 money and £2bn of CIL cash paid by developers.

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#Housing #Planning #Economic growth

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