Top five housebuilder Linden Homes has released figures that reveal the company has agreed to provide funding worth £68.3 million towards local facilities around its developments nationwide over the last five years – including £29.2 million towards education.
Nearly £5 million of this total has been injected into local public facilities by the Linden Homes Western region over this period.
The award-winning company, which develops sites across the West of England, including Gloucestershire, agreed the payments between 2010 and 2014 as part of planning permission granted by local authorities for hundreds of much-needed new homes.
Linden Homes Western released records that showed it had agreed to contribute £4,999,550 from the houses and apartments it has built across the region in communities such as Greyfriars Quarter in the heart of the city of Gloucester.
Known as “Section 106 payments”, the money is agreed between developers and local councils to spend on facilities for the community.
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, leisure and sport.
In connection with the Greyfriars Quarter scheme, Linden has contributed towards community archaeology, the development of a car club, tree replacement and library funding, as well as a significant contribution towards a public open space and a six-figure sum for the development of a playground.
Linden Homes Western Managing Director Clive Wiltshire said: “The nearly £5 million we have agreed to contribute to improving facilities for local people is one of the hidden benefits of housebuilding. Through much-needed high quality new homes, residents also receive a powerful boost to services.
“Across the country over the last five years this has included improved schools, better roads and transport, new public open space and investment worth thousands in an array of other amenities.
“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.”
For further information, contact Victoria Hughes at James Reed PR on 0117 985 8980.
18 February 2015
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