Have you had any issues in obtaining funding?
We are increasingly coming across groups who are facing hurdles in accessing the Community Housing Fund. It seems that, in some areas, Homes England want to funnel capital funding through a local authority and require that local authority to guarantee that the development will happen. Unsurprisingly, local authorities, however supportive of community-led housing in principle, do not feel able to guarantee a project with which they are not involved and have no control over.
If you have come across this or any other issue we would be interested to hear from you and please email email@example.com. Let us know your experiences and if anyone has found a resolution to the Homes England requirements of the local authority, we will spread the word.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.