The term “proven Five Year Housing Land Supply” refers to a measure used in urban planning and development to ensure an adequate supply of land for housing construction over a specified period, usually five years.
In many jurisdictions, local planning authorities are required to demonstrate that they have enough available and deliverable land to meet their housing targets for the next five years. This is often referred to as the “Five Year Housing Land Supply” or “Five Year Land Supply.”
Having a proven Five Year Housing Land Supply is essential for local planning authorities to demonstrate that they are meeting their housing targets and ensuring a sufficient supply of housing to meet the needs of their communities. It provides certainty to developers, investors, and the public about the availability of land for housing development and helps to guide decision-making in the planning process.