AFFORDABILITY AND FINANCIAL VIABILITY ONLINE WORKSHOPS

The second of our workshop sessions will be held online on Saturday 16th March at 10.00am.

These are the topics we intend to focus on:

• A (very quick!) recap of the key points in session 1;

• Spreadsheet demonstration and opportunity to practice - on simple FVA templates, to show how changes in "input" data can affect the results;

• A further look at how development schemes affect infrastructures and how Developer Contributions, can make an unacceptable development become acceptable, e.g.

  • • • Difference between S106 and CIL;

      • When and how developer contributions are calculated;

      • Opportunities for Community review and consultation on S106 and CIL;

      • How S106 and CILs are agreed, monitored and implemented/enforced.

• Factors that can affect build costs (e.g. site location, design quality, height, complexity, changes in prices, etc);

• Q & A and discussion

To help you get the most benefit from the course, here is some pre-session information
from Prof. Stephen Walker:

The following documents are available:

1. A copy of the PowerPoint slides Prof Stephen Walker will be presenting DOWNLOAD

2. A copy of the excel file containing the FVA basic spreadsheet formats DOWNLOAD

Please have a look at the Excel file and save it to your PC or memory storage. We recommend that you save two copies: (one for active use and the other held in reserve, just in case things go awry - so you can revert to that stored copy of the Excel file, if necessary.

The Excel file contains three “tabs”, named “Preamble”, Basic Residential” and “Basic Commercial”.  The calculation sheets are known as Residual Land Valuation Estimates [RLVE] .

These are dealt with via two separate sheets - one for a residential scheme; and the other for a commercial scheme. In practice, a more "advanced" versions of the RLVE can handle both approaches simultaneously. The reason for their separation is to stress the different valuation approaches that must be adopted when considering the variety and mix of real estate development.

Some tips/requests:

This will take you to the “waiting room”, so you will be admitted to the Zoom session by the Zoom host.

We intend to record some, or all, of this session, so if you do not wish to appear in the recording, please turn off your camera and mute your microphone.

Please mute your microphone when you are not speaking.

The session is intended to be interactive, so if you wish to ask a question or make a comment, please use the Zoom “chat” or raise your hand, using the Zoom menu and wait for the chair to invite you to speak.

Thank you for your interest, and we hope you find this to be an interesting, enjoyable and useful session!