Final Economic Viability Report September 2009 - pdf

5.19 If we look at a changes in tenure the results are further improved as can be seen below;
Change in Build Cost – 50% Social Rented 50% Intermediate.
Level of Affordable Housing
Change in
10% 20% 30% 40%
Build Cost
Green Amber Total Green Amber Total Green Amber Total Green Amber Total
5% Increase 17% 24% 41% 7% 20% 27% 6% 13% 19% 3% 7% 10%
15% Increase 2% 18% 20% 0% 9% 9% 0% 4% 4% 0% 4% 4%
25% Increase 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
5% Decrease 38% 26% 64% 27% 29% 56% 20% 32% 52% 13% 27% 40%
15% Decrease 60% 24% 84% 57% 21% 78% 52% 16% 68% 40% 21% 61%
25% Decrease 86% 10% 96% 83% 12% 95% 71% 21% 92% 63% 26% 89%
Change in Build Cost – 30% Social Rented 70% intermediate.
Level of Affordable Housing
Change in
10% 20% 30% 40%
Build Cost
Green Amber Total Green Amber Total Green Amber Total Green Amber Total
5% Increase 19% 22% 41% 9% 20% 29% 5% 14% 19% 3% 9% 12%
15% Increase 2% 19% 21% 0% 11% 11% 0% 6% 6% 0% 4% 4%
25% Increase 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
5% Decrease 40% 26% 66% 29% 29% 58% 21% 32% 53% 16% 29% 45%
15% Decrease 60% 24% 84% 56% 22% 78% 54% 19% 73% 44% 19% 63%
25% Decrease 86% 10% 96% 83% 12% 95% 76% 19% 95% 67% 24% 91%
Scenario Four: Change in Revenue
5.20 Under this scenario, revenues have been altered as follows:
1. 5% increase in revenue
2. 5% decrease in revenue
3. 15% increase in revenue
4. 15% decrease in revenue
5. 25% increase in revenue
6. 25% decrease in revenue
5.21 For each of these percentage changes, affordable housing has been tested at 0%, 10%, 20%, 30%
and 40% with a variance in tenure type under each of these percentages of:
1. 30% Social Rented 70% Intermediate
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