In order to increase the delivery of affordable housing, CLTs need catalytic finance aligned with their needs and values. We are currently developing a CLT Financial Playbook in collaboration with the Green Finance Institute, articulating the financial mechanisms most appropriate for CLTs and how they can be implemented.
Now, we need project support to actually implement these mechanisms, as well as investment into them. Mechanisms include the creation of a pre-development revolving loan fund for CLT projects in rural England and Wales and the development of property-linked financing for home renovation. A funding partner’s support would enable the delivery of the 26,000 permanently affordable homes currently in the European CLT sector pipeline.
Learn more about the specific opportunity in rural England and Wales here.
Contact [email protected] for more information.