Community Infrastructure Levy and Sheltered Housing/Extra Care Developments

The Retirement Housing Group have issued a useful briefing for private sector retirement housing developers about viability appraisal of retirement housing for use when preparing CIL schedules.

The note sets out the key issues affecting viability of older persons housing provision compared with provision of general needs housing. It provides clear baseline information on the economics of provision of retirement housing which will assist CIL viability practitioners in those locations where there has been no recent provision of retirement housing to carry out a robust viability appraisal of this product.