Councils Have £8 Billion in Unspent Developer Contributions for Roads, Schools: Report

Published on October 21, 2024

Local authorities in England and Wales are sitting on £8.1 billion in infrastructure contributions from developers, according to figures obtained by the Home Builders Federation (HBF). The HBF compiled the figures from Freedom of Information (FoI) request data obtained from 208 local authorities, which showed that councils are holding onto an estimated £6.3 billion in Section 106 agreements and £1.8 billion raised through the Community Infrastructure Levy (CIL). According to the HBF’s report published on Monday, councils have on average £19 million in unspent Section 106 infrastructure contributions, with more than one-quarter (26 percent) being held for more than five years. These unspent funds include £817 million in affordable housing contributions, which could pay for around 11,000 homes....

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