Greater Manchester backs Co-op and Community led Housing

Greater Manchester’s Housing Lead, City-Mayor Paul Dennett, is encouraging groups of people and not-for-profit organisations interested in new build, renovation or the use of existing buildings to play a leading role in creating the homes Greater Manchester needs.    

A network of experienced advisors, who will provide direct support to groups ready to develop homes and accelerate the delivery of co-operative and community-led housing in Greater Manchester, has been established.  The network is now up and running and seeking out groups of people and not-for-profit organisations who can help create the better, more affordable homes needed across the city-region. 

Community-led housing can provide additional and affordable housing supply; mobilise popular support for new homes; help diversify the house building industry and provide choice for older people.

Project Manager, Jo Bird, said, “We want to hear from groups of people and not-for-profit organisations interested in new build, renovation or the use of existing buildings. We are very excited to help these groups plan their homes, and have partnerships with Homes England and the GMCA’s Housing Investment Fund which is able to provide funding.

“The project offers tailored, professional support to co-operative and community-led housing groups ready to develop homes. For example we can help with finding property and land, democratic decision making, peer support, business planning, access to finance, negotiate competitive pricing with a wide network of professional service providers and Community Housing Fund advice.”

Mr Dennett said: “Co-operative and community-led housing is a way for local people to play a leading and lasting role in solving housing problems, creating genuinely affordable homes and strong communities in ways that are difficult to achieve through the mainstream housing market.”

“There are some great examples of community-led housing...

"I hope that groups from across Greater Manchester will get involved in this exciting and innovate project that we’re proud to support.”

The core principles of Community-Led Housing are:

1.      Meaningful community engagement and consent

2.      The local community owns, manages or stewards the homes

3.      Community benefits of the scheme are legally protected forever through an asset lock

The GMCA’s Housing Investment Fund is supporting this project, working with local and national partners.  The fund can provide development debt finance to support co-operative and community-led housing in Greater Manchester.

The GMCA is working in partnership with Homes England, which has recently announced a Community Housing Fund, that will provide grant funding to groups for revenue costs (including professional fees, feasibility work and design work) in phase one (open now for applications) and project specific build costs in phase two (open to applications later this year).