the model - key benefits Key benefits for funders: Very secure (and long-term) income stream (linked to CPI) due, amongst other things, to the high-quality build and perpetual discount to market rents. Speed to completion of planning process due to 100% planning policy compliant ‘Affordable’ housing. Potential for programmatic investment at scale. High social impact.
Key benefits for public sector landowners: Receive best value not just financially but also in socio-economic and ESG terms Retain meaningful control in relation to the community even where the freehold is sold Cash consideration typically exceeds market value of the unencumbered freehold Exceeds planning obligations and accommodation needs Manages reputational issues
Key benefits for Local Authorities and Residents: Delivery of up to 100% affordable homes and workspace The process is completely transparent as are the finances Residents have an alternative to expensive low quality housing not offering security of tenure Eligibility can be crafted on a local, needs led basis