How will the Abundant Life community be funded?
Funding is needed for the development of the project (the buildings and landscaping) and the running of the retirement community. While Dartington has researched the need, and what it could offer both in values and opportunities, it needs to work with an experienced partner to bring its vision to life. Dartington will contribute the land and the remaining finance could come from a commercial or public sector developer. We are currently investigating where we will find the best fit for our hopes for this project. The apartments will be a mix of leasehold ownership, shared ownership and rented. This will provide much of the revenue needed. Where residents have support needs the costs of this could be covered by securing all the appropriate welfare benefits support available.
