It would seem no-one on thuis thread has understood the article or report, so please allow me to explain...
- the report looks at private retirement housing
- it says that there is a lack of specialist private retirement housing and this will get worse
- the proposal is to include private retirement housing as part of the Section 106 contribution. NOT discount it, build it cheaper etc etc. But where there is a requirement to provide affordable housing at say 40% then this could be provided by building private retirement housing to meet the need.
- seperate developments of private retirement housing would not be required to provide affordable housing under a S.106 as family private housing currently is.
You see, what the report is saying is that private developers of retirement housing should be exempt from either S.106 contributions as part of their developments, and should be used to fulfill the requirements of non-retirement private developers.
Interestingly enough the report was sponsored by McCarthy & Stone - the largest private retirement house builder in England, known for appealing all s.106 demands, and currently is some financial 'difficulties' having been bailed out only 2 yeras ago. Who'd have thought it!!!