Community Land Trusts
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There are signs of a growing interest in initiatives long advocated by the New Economics Foundation: local currencies, housing co-operatives and credit unions. See footnote with links.
As more people feel the impact of the housing crisis some are solving their own housing problems. Martina Lees reports:
- there are about 169,000 co-operatives that let tenants democratically control their homes,
- more than 100 self-help housing projects are bringing empty homes back into use,
- over 50 cohousing groups of private homes that share facilities
- and 170 Community Land Trusts (CLTs) in England and Wales
The latest news noted relates to CLTs, half of which have been set up in the past two years. Together they have built almost 700 affordable homes, with another 2,300 on the way by 2020.
Though all these initiatives are on a small scale at present, the Building and Social Housing Foundation (BSHF) is working to make community-led housing mainstream. Two examples:
Lavenham’s CLT bought a derelict storage depot for £1 from Suffolk County Council, which is granting planning on the condition that all 18 homes are for low rent or shared ownership.
Above: a development by one of several CLTs set up in Cornwall which has seen its young people leaving because of lack of affordable housing. In Rock, St Minver CLT paid a local farmer only £120,000 for the land where it built its first 12 homes – all sold at 31.3% of market rates to help younger people stay in an area where holiday homes have caused prices to soar. Cornwall council would not have given permission for the farmer to sell on the open market.
At the University of Salford, working with Community Finance Solutions, Pat Conaty – formerly of this parish – has been developing a national Community Land Trusts training programme that has been running courses since March 2011 for new groups and local authorities.
He believes that Community Land Trusts offer a community led ‘bottom-up’ approach to housing issues and creative, ecological developments.
Those who want to learn more should follow these links:
- communityshares.org.uk communitylandtrusts.org.uk
Google reveals more in London, Glasgow, Sheffield, Coventry, Edinburgh
Latest credit union
Community land trusts – see links above
Posted on November 27, 2016, in Housing, New Economics, West Midlands New Economics Group and tagged Building and Social Housing Foundation, CLTs, co-housing, co-operatives, NEF, Pat Conaty. Bookmark the permalink. 1 Comment.