6.4. Funding to develop the CCLH group
Funding will be needed to support the development and training of the CCLH group - and you will have to cover this in your scheme proposal.
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What is known as revenue funding (as opposed to capital funding to develop the homes) will be needed to support the development and training of the CCLH group. This could also be revenue resources – it may not be money.
Support we provide
We provide flexible support to any CCLH scheme where the right level of resources can be provided on a scheme by scheme basis, both through us and our delivery partners.
The aim of the funding is to provide specialist support where necessary and local support, possibly through enabling partnerships with housing associations or other developers.
The Wales Co-Operative Centre, and our delivery partners, have delivered specialist support in the following areas:
- initial scheme conceptualisation with partners
- advice on recruitment of founder members
- initial meetings with founder members
- discussions on the CCLH group development programme
- advice on legal structures and arrangements
Sources of revenue funding
The following may be helpful sources of revenue funding:
- Power to Change – is an independent charitable trust, set up in January 2015 with a £150 million endowment from the Big Lottery Fund, to support, develop and grow community business (including housing) across England.
- CLT Fund – a fund that provides revenue start up and pre-development grants and loans to some CCLH schemes, particularly including Community Land Trusts. It is not applicable to co‑operatives or other schemes where the residents will be the CCLH scheme’s members.
- Community Housing and Building Fund – a fund that provides revenue funding relating to some CCLH groups, largely relating to achieving planning permission, available in England.
There may be other sources of funding available locally and from trusts and charities. The CCH and the other community-led housing network organisations may be able to advise on where other sources of revenue funding may come from.
As a scheme develops a viable business plan, revenue costs to support the development and training of the CCLH group can be capitalised – ie. they can be added into the costs of the housing scheme. This will add a comparatively small sum to the development costs of the scheme.