Chancellor Announces Funding

The Chancellor has announced in the Budget that:

“The government will provide £60 million of the additional receipts from higher rates on additional residential properties to enable community-led housing developments, including through Community Land Trusts, in rural and coastal communities where the impact of second homes is particularly acute.”

We are working through our national body, the National Community Land Trust Network, to ensure that as much of this investment as possible is channelled into community-led housing development and ensuring that communities have access to the expert advice and assistance they need to make these developments happen.