More than £80,000 could be available for community projects in Pinchbeck ifa new housing development gets the go-ahead.
The cash has been pledged by Larkfleet Homes as it prepares for a public exhibition to inform villagers of its plans for 163 new homes on Wardentree Lane.
In total the company would hand over £81,500 – £500 for each home on the development, which would be a mixture of one and two-storey homes with two, three, four or five bedrooms.
The development will include affordable and open market homes and a large public open space, complete with children’s play equipment.
A newsletter has been distributed to residents publicising the public exhibition at St Mary’s Church Hall, Rose Lane, on Friday from 1.30pm to 7.30pm.
David Connolly, land director at Larkfleet Group, said: “Our proposals for these 163 homes will go some way to meet local housing needs.
“We are keen to consult local people on these proposals and we urge residents to come along to the public exhibition to ask questions and share their views.”
The feedback from the public exhibition will be considered by Larkfleet ahead of plans being submitted to South Holland District Council planners for consideration.
If the development is given the go-ahead, it would be up to the parish council and local residents to decide how to spend the money.
It could be used to enhance public open spaces, improving amenities or paying for support and expertise in preparing bids for larger grants.
Chairman of Pinchbeck Parish Council Andrew Bowser said the council had not yet seen any plans for the development but members had been invited to the public exhibition.
He said he could not comment on the plans at the coment.