• Issue 37

  • Jun 2018

The Source

Councils to Set Up New Town Development Corporations

The government has announced that councils are to be given new powers to launch New Town Development Corporations, expected to be similar to those which built post-war towns like Milton Keynes.

Under the recently proposed regulations, local authorities will be able to seek ministerial approval to create the corporations which would subsequently be responsible for building new towns or garden communities.

It is anticipated that the new bodies will be responsible for master planning, working in partnership with the private sectors and acquiring investment, whilst remaining accountable to the council at all times.

The corporations will be able to draft proposals for new towns to be approved by local authorities.

At present all New Town Development Corporations are accountable to the Ministry of Housing, Communities and Local Government (MHCLG).

Housing minister Dominic Raab said: “We need to build the homes our communities need and I’m committed to giving councils the tools they need to deliver.

He went on to state;

“That’s why we’re giving councils the option of applying to establish development corporations. These will be locally accountable and must listen to the views of the community to ensure that the right homes are built in the right places.”

Mr Raab introduced the regulations to parliament earlier this week, with the associated powers expected to come into force later in the year.