Response - Community Land Trusts
By: Michala Beacham Published: December 2008
Shelter supports the principle of Community Land Trusts (CLTs) as one of a range of approaches to delivering affordable housing, a position we have previously outlined in our response to the Housing Green Paper Homes for the future: more affordable, more sustainable and in our submission the Taylor Review on Rural Economy and Affordable Housing.
- Response - Community Land Trusts (PDF 92.9 KB)
The credit crunch, and subsequent economic downturn, have significantly altered the landscape for housing delivery in England. The reliance on private development and section 106 agreements as the primary mechanism for delivering affordable housing is no longer a sustainable proposition in the current economic climate. Over the short to medium term as lack of liquidity in mortgage and lending markets severely curtails house building and buying, it will become more important to utilise new models of housing delivery. Over the long term, the emphasis will need to be on sustainable models of development, particularly for affordable housing.
CLTs are an example of a different way of delivering affordable housing by focusing on smaller scale, localised housing investment to lock in affordability in perpetuity. CLTs have the potential to play an important role in supporting the development of affordable housing in areas where larger scale investment may not be viable, such as rural communities. In either a rural or urban context, CLTs provide an opportunity for residents to play an active role in shaping where and how they live.