The Government has unveiled its £60 million per year Community Housing Fund for communities affected by second home ownership. We have been working closely with DCLG on the fund and were quoted in the Government press release warmly welcoming its arrival.
In the first year the money is going to local authorities, with the largest shares going to the South West, South East and the East of England. We are working with the BSHF and the community-led housing alliance to advise local authorities on how best to use the money, so you can point your council to us for advice.
More information can be found on the Government website.
The National CLT Network view
Baroness Bakewell of Hardington Mandeville MBE, Chair of the National CLT Network, said:
“We are delighted that communities are being given the tools to provide homes for local residents in areas where second home ownership can put prices out of reach. Now they will have extra support so that community-led housing can take its proper and rightful place in solving our housing crisis. I’m delighted that the Government has taken on board many of the recommendations made by this sector”
Catherine Harrington, Director of the National CLT Network, added:
“Having worked closely with officials at the Department of Communities and Local Government and Parliamentarians on the details of this fund, we’re now looking forwards to working with local authorities to help them make the most of the funding and develop a strong community-led housing sector in their area.
“If, as we hope, this programme is a success, then the Government should extend it to other parts of England. Communities are building homes in other rural areas, towns and cities across the country and not just where second homes ownership is the problem. With sustained investment in the community-led housing sector, and capital grants flexible enough to meet local needs, we could see community-led groups building and commissioning many more homes, as they do in the rest of Europe.”
CLTs hoping to receive funding from their local authorities should check out our government funding page for further information.