Community land trusts’ ability to relieve Europe’s “intolerable” affordable housing crisis is backed by Deputy London Mayor
The London Mayor’s Office has joined Brussels, Ghent and Lille in pledging its support to community land trusts as a solution to the affordability crisis that is crippling cities across Europe.
James Murray, London’s Deputy Mayor for Housing and Residential Development, has signed an open letter stating that the current situation is “intolerable” and calls for all city and national governments to support affordable housing development through the community land trust approach.
Housing has become the highest expenditure for Europeans with one in ten citizens now overburdened by housing costs. This rises to one in four among private renters, and four in ten for people living below the poverty line.
Community land trusts are a form of community led housing, a fast-growing and grassroots movement. With more and more people recognising the benefits they can bring to their local communities, there are now over 330 CLTs across England and Wales which have built over 920 homes to date with a further 5,000 in the pipeline.
Coinciding with a transnational conference, Sustainable Housing for Inclusive and Cohesive Cities, being held at London City Hall on Friday 10 May, this open letter has also been signed by City Mayors from Brussels, Ghent and Lille.
The full letter can be found here
Tom Chance, Director at the National CLT Network, said:
“The whole of Europe is in the grips of an affordable housing crisis. Community land trusts can make a unique contribution to reducing this shortage and I’m delighted to see politicians and policy makers from across the continent backing the movement and its potential to deliver.
“But to become a mainstream housing option more than warm words are needed. Policy and long-term funding commitments, like the £38m London Community Housing Fund and the Small Sites, Small Builders Programme need to become commonplace.”