As well as providing much-needed high-quality homes for the local area, our proposed development will contribute towards a range of services and infrastructure provisions through a Section 106 agreement.
Section 106 contributions have already been agreed with Mid Suffolk District Council as part of the outline planning permission for the site. S106 agreements include provision for contributions to mitigate the impact of the development on local services. Taylor Wimpey will provide more than £2.75million in contributions as part of the S106 agreement.
• £1.3m towards the Hawk End footpath level crossing mitigation scheme
• £695,730 towards improvement to sports/leisure facilities in the area
• £575,130 towards primary school education
• £75,240 towards pre-school education
• £65,086 towards healthcare
• £40,534 towards libraries
Taylor Wimpey will also provide the following as part of the S106:
• An area of Public Open Space
• A Junior Outdoor Play Space
• Pedestrian improvements
• A Travel Plan
New housing developments also benefit the local community by generating additional local authority income. It is estimated that, based on the proposed number of new homes, an additional £198,550 per year will be paid to the local authority through Council Tax revenues. The Local Authority will also receive £1.2 million over six years through the New Homes Bonus. This is a grant paid by central government to Local councils for increasing the amount of homes in their area.