RI-06-CS-Homes for Holsworthy.pdf

RI-06-CS-Homes for Holsworthy.pdf - page 1/4 - Homes for Holsworthy Community Property …

Homes for Holsworthy Community Property Trust

RI-06-CS-Homes for Holsworthy.pdf - page 2/4 - This case study provides an overview of …

This case study provides an overview of Homes for Holsworthy Community Property Trust (CPT) and describes the factors that are perceived to underpin its success. The findings are drawn from research commissioned by Power to Change and carried out by NatCen Social Research and WPI Economics. More information about the study and additional research reports can be found on the Power to Change website.

RI-06-CS-Homes for Holsworthy.pdf - page 3/4 - Board members regularly review the busin…

Board members regularly review the business plan and adapt it to align with the political and economic climate. For example, in response to the 2008 recession, Homes for Holsworthy CPT scaled back the speed at which it intended to develop a 50-home portfolio. However, in light of the recently announced Community Housing Fund , which was established to tackle the high levels of second home ownership, board members are confident they will have access to finance that will enable them to grow the CLTs housing portfolio in line with their original plan.

RI-06-CS-Homes for Holsworthy.pdf - page 4/4 - Dedicated paid staff Homes for Holsworth…

Dedicated paid staff Homes for Holsworthy CPT has a part-time paid administrator and co-ordinator who is an accountant by profession. The administrator brings valuable financial acumen, as well as being able to lead important activities such as co-ordinating community consultations and supporting pre-development work for new housing schemes. As noted above, consultants are also utilised to plug the gaps in skills and knowledge. For example, a local architect provides advice and support to the board and is paid on a per task basis.