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Housing Today
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Councils sitting on £3bn of developer contributions, report finds
Home Builders Federation research finds local authorities have an average of £8m in their bank accounts from housebuilders
Councils could be sitting on nearly £3bn of unspent contributions from developers, new research from the Home Builders Federation (HBF) has found.
A report published today suggests local authorities in England and Wales have an average of £8m in their bank accounts from payments made by housebuilders to fund local services and infrastructure upgrades.
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