1. Lincolnshire Community Land Trust John Mather Facilitator

2. LCLT – what are we? CIC Ltd by Guarantee Incorporated Feb 2012 - County Council Grant Mix of fees and grants since Voluntary Board One full-time employee Footloose and flexible

3. LCLT – what do we do? Technical advice and support to communities setting up local Community Land Trusts – Incorporation – Brokering partnerships – “Enabling” of Affordable housing developments – Support, advice and guidance Diversification – phase 1 – Lincolnshire Methodist Church – Big Local

4. Local Community Land Trusts

5. Where do we want to be in the future? Adverse conditions – Reduced public subsidy – Slashed development programmes – Other CLT advice services closing – But.. still a need Survival or opportunity?

6. Diversification Phase 2 Invest in property – Withdrawal of the State is opening gaps – Meet a social and economic need – Build an asset base for LCLT – Build a long-term income stream for LCLT – Which will allow us to… Continue to support communities to develop their own CLTs

7. How much do we need to raise? How long is a piece of string? – From c£50k/unit (s106) – To c£120k/unit (develop) 10 units typical for Lincs 10x£50k= £0.5m + fees Trick is to get it to break even in the early years - Flexible lending helps

8. Big Potential Applicant - LCLT Funder - Big Potential Provider - CERT

9. How was it for LCLT? What was good – £20k of expert external advice and support – Ability to select Provider – Now well positioned to take opportunities – Collateral benefits – Excellent provider Things to think about – Lengthy application process – How worked up is your investment project? – How time-sensitive is your investment project? – A ‘Plan B’ if your project falls away

10. johnm@lclt.co.uk www.lclt.co.uk @LCLTjohn