Strategic Housing Market Assessment (SHMA)
London Commuter Belt (East) / M11 Sub-region Strategic Housing Market Assessment (SHMA) Viability Testing Report.
The SHMA Viability Testing Report was jointly commissioned by EFDC, in conjunction with Brentwood, Broxbourne, East Herts, Harlow and Uttlesford Councils, because the housing markets of these areas are heavily inter-related and was undertaken by Levvel.
A SHMA is designed to inform the Council's housing policies at a housing market area and district level. It helps the Council to estimate housing need (both for affordable and market housing), determine how this need and demand varies across the sub-region, and consider demographic trends to identify the accommodation requirements of specific groups.
The Viability Testing Report undertakes a strategic assessment of development viability, which will help to inform planning policy for the new Local Plan. This report is designed to complement the SHMA.