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The Stretham and Wilburton Community Land Trust was set up in 2011 in response to new legislation to allow for a new approach to housing.
Put simply communities can create legal entities that allow for land (usually outside the development area) to be developed for a mix of market and affordable housing – the former being used to offset costs of the latter.
The affordable element is for local people and profits on these are retained by the trust for future housing.
Stretham got in first, has been deemed successful, but Wilburton has from the outset been the problem ‘child’.
The SWCLT and Laragh Homes has applied to build 80 market houses and 35 affordables on a site known as Camp’s Field. Some commercial units, playing fields and a community centre are included.
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Detailed text transcripts for TV channel - FOXNEWS - 20180903:05:07:00 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.