Catalyst responds to Building Safety Levy consultation
Catalyst has responded to the government’s consultation on the proposed Building Safety Levy which would be payable by developers of high-rise residential buildings immediately before construction begins at the building control approval stage.
Published: 22/10/2021
Like other housing associations, Catalyst believes not-for-profit registered providers of social housing and their associated companies should be entirely exempt from the levy.
While proposed exclusions from the levy include affordable housing, market sale homes built by housing associations are not, despite the surplus made from these sales being recycled to fund affordable homes.
Not-for-profit housing associations represent a key resource for the country to deliver much needed affordable homes. They cross subsidise new social and affordable homes using the surplus made from market sale homes and other for-profit initiatives. Without this surplus not-for-profit housing associations would find it difficult to deliver much needed affordable housing.
In responding to the consultation Catalyst consulted with colleagues in other associations as well as with sector groups including the G15 and the National Housing Federation.
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