Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, what steps her Department is taking to support (a) cooperatives, (b) community land trusts and (c) other community-led initiatives to (i) support local ownership and (ii) reduce inequality.
The government is committed to supporting communities. The Devolution White Paper, published on 16 December 2024, outlines plans for a new Community Right to Buy, allowing locals to acquire valued community spaces. The £1.5 billion Plan for Neighbourhoods will provide up to £20 million in funding over the next decade to 75 of the most deprived communities, partnering with residents, businesses, and local authorities to drive renewal.
On 25 March, we announced a £20 million support package for community-led housebuilding groups, including housing co-operatives and community land trusts. This investment, managed by Resonance Ltd, will support the construction of over 2,500 new homes in the next decade, addressing local needs. Following a consultation on the National Planning Policy Framework, we have also strengthened support for community-led housing by changing size limits on exception sites and broadening the definition of eligible organisations. Our Long-Term Housing Strategy will further support this sector's growth.