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Home September 2008 - National CLT Facilitation Fund launched

September 2008 - National CLT Facilitation Fund launched

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The Esmée Fairbairn Foundation and the Tudor Trust are the first contributors to the Community Land Trust Fund, initially standing at £2 million, which is intended to support the development of around 30 operational Community Land Trusts, and the construction of around 150 affordable homes, over the next four years.



Reflecting the different stages of establishing and developing a Community Land Trust, the overarching Community Land Trust Fund has been split into three separate funds:

The Feasibility Fund – to provide community groups or fledgling CLTs with one day of consultancy support and guidance around establishing their CLT.

The Technical Assistance Fund - to provide grants of up to £2,500 to CLTs or emerging CLTs to employ a consultant or consultants for up to five days in order to develop their initial ideas into a comprehensive business plan.

The Investment Fund - to provide secured and unsecured loans to eligible CLTs.

Link to application leaflet:

http://www.tudortrust.org.uk/Portals/0/downloads/Community%20Land%20Trust%20Fund%20leaflet.pdf

 

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