Neighbourhood Fund - Community Infrastructure Levy 2020

Funding from developers is collected by Merton through the Community Infrastructure Levy (CIL) to support the demand that new homes and other development places on the borough. A portion of this (15%) is set aside for the Neighbourhood Fund to directly fund local projects that address development demands on Merton and meet local priorities that enhance Merton as a place to live and work. 
https://www.merton.gov.uk/planning-and-buildings/planning/community-infrastructure-levy/neighbourhood-fund