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Clause 5 - Modification or discharge of affordable housing requirements

Part of Growth and Infrastructure Bill – in a Public Bill Committee at 11:00 am on 27th November 2012.

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Photo of Nicholas Boles Nicholas Boles The Parliamentary Under-Secretary of State for Communities and Local Government 11:00 am, 27th November 2012

But I am not sure whether the right hon. Gentleman can have it both ways. Either there is a commercial element, in which case our broad argument about the Bill applies—that it is more important to get some housing built than to fetishise some target in an agreement—or it is 100% affordable housing, as some rural exception schemes are, in which case there is no market element that could have been made less valuable by market developments, so there will be no viability question and the inspector will have no basis on which to suggest that there should be a reduction in the affordable component.