The SHICC initiative would like to present our Start Up Fund Voucher Scheme.
Put simply, it is here to take your affordable Community Land Trust (CLT) housing scheme from an idea, to a thorough investment-ready business plan. With expert advice on hand, we will support communities, social enterprises and small organisations to answer whether a CLT is the right model for what you’re trying to achieve.
What’s a CLT?
CLTs are non-profit, democratic, community-led organisations. They develop and manage homes that are affordable to low and median income households, as well as other assets that contribute to thriving local communities. They act as long-term stewards of these assets, ensuring they remain permanently affordable. This is achieved through mechanisms that ensure that any additional value generated is retained within the CLT.
What does the Voucher Scheme offer?
Successful applicants to the scheme will be support through several stages.
Initially an advisor will help scope out your idea, with one day of support worth 650 euros. We are building a network of highly experienced advisors across the North West Europe region who will travel to you and help you work out if a CLT is right for you.
If you decide that a CLT is right for you and your plans show potential, we will give you up to a further nine days of support with a technical advisor. They will help you set out clear aims for your CLT, develop a decision making process, start to develop your business plan, look at sites you might buy, and ensure you have a solid idea of what your next steps are.
Am I (and my group) eligible?
The Start Up Fund has three essential criteria which must be met by all applicants.
- Applicants must be based in the North West Europe region
- Applicants must be working in an urban location – at least or greater than 10,000 residents
- Applications must be seeking to build affordable housing and meet the definition of CLTs (outlined above) within the legislation and policies of the country or region they reside
- Applicants must be exploring or developing a scheme which prioritises the delivery of permanently affordable housing, whether or not they also propose to develop other assets. The CLT Start Up Fund will only offer incidental support towards the development of housing that is permanently affordable.
Applicants must be working towards incorporation (or already be incorporated) in a form which meets the definition of a CLT as described above. This can take the form of various legal entities such as a Company Limited by Guarantee, a Community Interest Company or an Industrial and Provident Society.
Applicants must be working towards a scheme which is at least 50% housing. We can only support schemes which will include permanently affordable housing although we will consider schemes which are delivering other assets in addition. If your scheme will deliver a mix of assets (for example, homes and commercial units) we will want to see that the majority of your focus is on the housing element of your scheme
How to Apply
To apply, please complete the application form and return it to Polly Adams-Felton by email: email@example.com
You can also get in touch with us to discuss your project. Please contact Joaquin de Santos – firstname.lastname@example.org
You are also welcome to complete the form in French or Dutch and send it to us.
Please note that the first round of applications will be assessed by the partners in the second half of 2019.
For further information and guidance in completing your application, please read the Application Guidance document.