If we expect for the big developers to ease the housing crisis, we may be waiting a long time.
It’s why The Big Issue recently explored new ideas to address the nation’s shortage of new homes. And it’s why we’ve championed the approaches of community groups launching building projects along innovative lines.
A community-led housing development trust in Bristol is the latest to share its plan for future housing, a bold scheme to transform accommodation options in the Lawrence Weston estate in the city’s north-west.
The group of residents who set up “Ambition Lawrence Weston” has already secured almost £5 million of funding, including £1 million from the local authority, for a brand new housing development.
They want to build around 40 two and three-bedroom houses at the site, and plan to make them available for shared ownership and intermediate market rent.
This is a development that is being created by its residents, for its residents
Similar to the community land trust (CLT) model, the resident-led development trust wants its discounted rents linked to average local wages so the homes will be genuinely affordable for people in the area.