What is a Community Land Trust? Community Land Trusts (CLTs) are a form of community-led housing, set up and run by ordinary people to develop and manage homes as well as other assets important to that community, like community enterprises, food growing or workspaces. CLTs act as long-term stewards of housing, ensuring that it […]
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The Upper Coly Valley © Google Maps The Upper Coly Valley CLT’s Vision As a nation we are building less than half the homes we need just to keep up with the new households forming each year. Private rents are soaring in many parts of the country and house prices are continuing to rise. At […]
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Where a CLT chooses to work with a Housing Association as is the case with the Upper Coly Valley Community Land Trust, the Housing Association is Fully responsible for funding the development, including arranging private borrowing and the capital grant. The CLT is responsible for Funding its own incorporation The legal costs involved in purchasing […]
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There are broadly two different approaches to providing affordable homes through a CLT: Option 1- the CLT Takes on all the risks and responsibilities itself Receives the full income from the properties Option 2 – the CLT Works in partnership with a Housing Association Takes very little risk Leads the project Owns the land and […]
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The Wessex Community Land Trust Project is supporting communities to establish and develop Community Land Trusts across Somerset, Devon and Dorset. In most cases, the CLT is working with a Housing Association using a form of partnership developed by WCLTP. WCLTP supports projects for their duration. This support includes advice on site finding and negotiation, […]
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