Community Land Trusts enable the community to own the freehold interest in land/ buildings in perpetuity and are not for profit organisations. Whilst they are principally used to build/ acquire locally affordable homes for rent or shared ownership, Community Land Trusts can also own other community assets such as a hall, shop, pub or communal land. Income from rent/services charges meets the management cost and an offer an opportunity for local communities to buy other community assets. The key drivers for setting up a Community Land Trust tend to be a lack of locally affordable housing and to ensure local say and influence on rent policy, allocation policy and design. Typically, rent policy will be based on what people earn locally.
To find out more about Community Land Trusts, please visit The National Community Land Trust Network website. http://www.communitylandtrusts.org.uk/
North Horsham Parish Council has formed a working party with residents to explore the possibility of establishing a Community Land Trust in North Horsham Parish. There has been a series of meetings the notes of which can be found below. Currently the working party are looking to visit an established Community Land Trust to ascertain how the group was formed and how they are working towards their project.
If you would like to get involved in setting up a Community Land Trust in North Horsham Parish, please contact the Clerk.
Community Land Trust Working Party Notes:
|May 2019||CLT Working party notes 21.05.19||December 2018||CLT Working Party notes 17.12.18|
|March 2019||CLT Working Party notes 28.03.19|