A – In order to maximise the value generated from the housing without increasing the number of homes, it makes sense to provide houses at the higher end of the market. This does not mean however that the Park of Keir project isn’t helping with the delivery of affordable homes in the local area. There will be an obligation to make payment through the planning conditions to help fund an affordable housing project elsewhere in the local area in line with the Council’s Affordable Housing Policy.
Stirling Council’s Affordable Housing Policy requires POK to make a contribution based on and an equivalent of 19 houses X £12,700.
In the case of Park of Keir this equates to a contribution payable of £241,300 to fund Affordable Housing projects elsewhere in the local area.
A further £256,994 will be paid towards education improvements within Bridge of Allan and Dunblane.