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Vacant Building Credit guidance note
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Document
Vacant Building Credit (VBC) was introduced to incentivise development on previously developed land. The existing floor space can be used proportionally off-set a potential affordable housing contribution.
This guidance note provides information from the relevant national guidance/frameworks available and outlines the Council’s approach to determining claims for VBC.
It should be noted that a Vacant Building Credit Statement, containing all the relevant information for the Council to determine a VBC claim, should be provided with the planning application.