1. Community Led Housing
Homes to meet the needs of local community where local people play a key role
Community involved in key decisions throughout development
Community involved in long term ownership, management or stewardship of homes
Homes and other benefits for the community
Potential to build and sustain sense of community, bring financial rewards to community, develop skills, access funds AND provide badly needed homes for local people
Community Land Trust
Common model for community led housing
Land / homes held in trust for benefit of community
CLT could build and manage homes
More typically CLT owns freehold of land, leased to housing association who builds and manages homes
Local lettings designed by CLT
Income from lease of land
NNDC support
£2.4m from government Community Housing Fund
Support development of community led organisations and homes
Revolving loan funding for set up and feasibility
Staff to support groups throughout process
Some gap funding for development of new affordable homes
Further rounds of government funding for CLH – we can provide support for bids