14
09 '23
A new report shows that local authorities across England and Wales have, in their bank accounts, an estimated £2.8 billion of unused contributions from home builders.
This is money that builders contribute through what’s known as ‘Section 106’ contributions to local authorities as part of the planning agreement, the purpose of which is to fund local services and infrastructure upgrades. Find out more about how these important funds are going unspent in this week’s blog.