Belfast·SPG001 Affordable Housing and Housing Mix·Page 44·5.2.29
Spending priority timeline for commuted sums
Commuted sums are prioritised for spending in the local area where generated, with the spending area widening after 3 years if no suitable scheme is identified, and further expansion after 5 years to the whole District.
In the first instance, spending of commuted sums will be prioritised in the local area in which they are generated. If after 3 years no suitable scheme has been identified within the relevant area, then the spending area will be widened. If following 5 years there is still no suitable scheme within the wider area, schemes to improve affordable housing provision within the whole District will be considered.
Source — /Users/richardhill/Documents/planning-arch-project/data/documents/belfast/SPG001 Affordable Housing and Housing Mix.pdf