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#cchconf14. Developing new homes. Developing new homes. What do you think is needed to make a new co-operative housing scheme?. Developing new homes. Housing that: is developed by, with and usually for a democratic community membership organisation
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#cchconf14 Developing new homes
Developing new homes What do you think is needed to make a new co-operative housing scheme?
Developing new homes • Housing that: • is developed by, with and usually for a democratic community membership organisation • is controlled (and in some cases owned) by a local democratic community membership organisation
What is needed to make a scheme happen? • A viable co-operative housing group • Local authority support • A realistic development partnership • A real site/buildings and a realistic scheme proposal
Making a co-operative housing group? • What does this mean for an existing co-op? • Who are the initiators? • Developing for your own co-op or for a new group • Developing the group • Consultancy support
The local authority role • Defining local need • Potential sites & planning • Identifying members • Facilitating partnership • Borrowing (in some cases) • Active co-op housing strategies
Housing association partners – the role? • Scheme concept • Facilitating group • Development process • Owning the homes • Legal agreement • Management arrangements
Housing associations – what to look for • Development expertise • Involvement track record • Openness & transparency (eg. about costs) • Flexibility • Involvement in design • Governance & viability rating
A realistic scheme proposal • A site/buildings capable of getting planning • development model and funding plan • long term business plan
Funding • loans from institutions • loans through local Council borrowing • loanstock and community shares from investors • personal investment • grant or loan funding from national/local Govt, charitable/others • land, buildings, others - public or private
#cchconf14 Developing new homes