How It Works

housing campaign photo

Community Benefit Society

 

Adur Collective Community Land Trust is a non-charitable Community Benefit Society that has been set up for the benefit of the community. Being a Community Benefit Society means two very important things:

-There is a legal asset lock. Any assets that ACCLT creates can never be cashed in by or transferred to private individuals or other companies for their own advantage.

-It is a membership organisation. The members of Adur Collective Community Land Trust run and control it.

Becoming a member is important as it demonstrates to public authorities, landowners and funders that there is community backing for truly affordable homes.

Lee Cowen ACCLT Affordable Homes

Acquiring Land and Properties

 

Acquiring land to develop or re-develop properties will be Adur Community Land Trust’s biggest challenge.

Trusts in other parts of the UK have had land or properties gifted to them, utilised garden infill, taken over stalled sites from developers, bought empty homes and commercial buildings.

Our plan is to speak to councils, professionals, and landowners about underused or vacant land and properties. We will consider joint ventures with housing associations, developers, and landowners. We will consider new build as part of a large development or small sites. We will consider renovating existing properties.

Anything that will speed up the process and help deliver affordable housing.

Housing campaign photo

Funding

 

Community Land Trusts have access to revenue and capital funding from a number of sources including Government grants and loans, National Lottery funds, regional and local grants and loans. There are also a number of commercial banks which provide competitive loans for community led housing projects. There is even the potential for Community Land Trusts to raise funds from issuing Community Shares or Bonds.