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The Practitioner’s Perspective John Lewis
The Heritage Foundation is a self funded charitable organisation reinvesting for the long term benefit of communities in Letchworth Garden City.
We support, fund and promote activities for Letchworth Garden City communities.
Persuading Developers and Investors
Self Financing Places
Governance Arrangements
Garden City Principles
Community Ownership
Long term Stewardship
High quality design
Houses with gardens
Affordable homes
Allotments
Access to countryside
Green spaces
Local jobs
Local food sourcing
TransportRecreation
Culture
“If you wait for the local authorities to build new towns
you will be older than Methuselah before they start.
The only way to get anything done is to do it yourself”
Ebenezer Howard
Value capture – Sharing returns
Asset value £110mAnnual income £7.5m Community return £4m
Town Wide Development
Revenue Streams
Garden City Creation Co. Ltd
Physical Social Environmental
Property Town Infrastructure Services
Investment Portfolio
Surpluses
Costs
Income
Community Services
Ser
vice
C
har
ges
Fee
s
Garden City Stewardship
Co. Ltd
Extra Community
Support
Company Dividends
Board of Management (9)
Governors (30)
Nominated (10) Elected (6) General (14)
Heritage Foundation - Governance
Heritage Foundation Staff
