Over the last five years we have agreed to provide funding worth £68.3 million towards local facilities around the country.
Known as “Section 106 payments”, the money is agreed between developers and local councils to spend on facilities for the community – and includes £29.2 million towards education.
The types of projects earmarked to receive the investment include education, transport, highways, public open spaces and health. They can also include recycling, affordable housing investment, and leisure and sport.
We agreed the payments between 2010 and 2014 as part of planning permission granted by local authorities for hundreds of much-needed new homes.
Examples include Godalming, where we are building Riverside – a development of two, three and four bedroom houses as well as two bedroom apartments. We contributed almost £725,000 to help fund local primary school places, play equipment and sports pitches, and improvements to a leisure centre.
Linden Homes group managing director Andrew Richards said: “When you add in the boost to jobs, investment and the supply chain, housebuilding can be a powerful force for good. We’re very proud to have delivered on our promise to help build communities as well as homes.”
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