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Housing Today
Trusted media brand of the Chartered Institute of Housing
Local authorities have £9bn in unspent developer contributions, says HBF
Councils have previously highlighted complexity of getting money out of the door
Local authorities possess more than £9bn in unspent developer contributions, according to analysis by the Home Builders Federation (HBF).
As part of planning agreements for new residential development, housebuilders are required to contribute money to help fund the local infrastructure and amenities necessary to support these homes.
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