The growth agenda presents enormous opportunities for the people of Aylesbury Vale, but an increase in jobs and population understandably requires new and extended infrastructure. Inevitably, the costs incurred are substantial. This financial load is partly funded by the government, but also by the private sector.
Our public sector partners include the South East England Development Agency (SEEDA) and English Partnerships (EP) who are both founder members of Aylesbury Vale Advantage. They help provide new jobs opportunities, improve the facilities we can offer investors and promote a high quality environment.
Communities and Local Government (CLG) supports and finances infrastructure projects in the area via the Growth Areas Fund. The fund seeks to assist housing developments, economic development, the provision of quality open spaces, community facilities and transport improvements.However, public sector financing on its own will not be adequate for the large number of new projects which are coming forward. Private developers and land owners are also a source of funding through S106 development agreements, which relate to overcoming constraints on individual sites being developed for residential or commercial purposes and plough it back for the good of the new community.
