Community Infrastructure Levy (CIL) Consultation

\The Council proposes to divide the Borough into four different charging zones for residential developments with levy rates ranging from £0 per square metre to £190 per sq m.Zone A which covers Shoreditch Haggerston Stoke Newington Hackney Central and Dalston has been set the highest proposed rate of £190 per sq m. In Zone B which covers Hackney Wick Clapton and Stamford Hill the proposed rate is £25 per sq m.Zone C comprises Finsbury Park and Woodberry Down excluding the regeneration area and is proposed to be subject to a rate of £55 per sq m. A nil rate levy is proposed to apply to Zone D which covers the Woodberry Down regeneration area…””The consultation will be open until 17 June.”More here.