So what about CLIPs, Lambeth’s ‘Co-operative Local Investment Plan’?
You may have heard of Lambeth Councillors also undertaking a survey and promoting the concept of CLIPs in North Lambeth (Oval and Princes wards). Planning gain money known as CIL (Community Infrastructure Levy) is split into two separate pots; 75% goes direct to the Council to spend as it needs Lambeth-wide, 25% is intended to be apportioned for expenditure directly in the area where the impact is greatest and this is the money that CLIPS or the Neighbourhood Plan would draw upon. The money must be spent on infrastructure and mainly capital works rather than ongoing running costs, though there is a wider debate about that. Although the Neighbourhood Plan seeks to apportion and prioritise the same 25% local CIL money as CLIPs, but there are some key differences between the two proposals:
- The Neighbourhood Plan will have material weight in planning decisions – CLIPS has no impact on planning priorities and indeed may encourage more development to secure greater contributions.
- The Neighbourhood Plan has to be approved by a public vote – CLIPS is approved by Councillors and Lambeth officers based on their interpretation of the consultation.
- The KOV Neighbourhood Plan seeks to ensure transparency by the developer when providing their Financial Viability Assessments. CLIPS does not make any alterations to the current arrangement where developers claim commercial confidentiality and residents therefore do not know whether they are getting a reasonable portion of planning gain.
- The Neighbourhood Plan could lead to a Community Development Trust being set up to secure, deliver and monitor local project – which was something the Lambeth Local Plan indicated should be considered. CLIPS projects will be decided and prioritised by Lambeth Council as they do now.
As ever we at KOV are happy to work in partnership with Lambeth Council to make the KOV Neighbourhood Plan work for everybody.