Who Finances the Process?

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Thursday, Nov 30, 2023
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
The CLT is responsible for
These CLT’s costs usually amount to some £10,000 and the Wessex Community Land Trust Project works with the CLT to raise this amount through applying for grant funding. The land purchase is arranged by the Housing Association entering into the lease with the landowner (for the land value, if there is one) just before the landowner transfers the freehold to the CLT.