Announcement re £60M for community led housing in the budget

You may have seen in the Budget that there was an announcement about a new initiative to support Community Led Housing. The announcement said:

“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.”

As with many new announcements there is not much information available on the detail of this yet, so the emerging Community led Housing Alliance are co-ordinating a response and offer to get involved and help shape a deliverable policy. Anna has volunteered to input into this process.