Preston Pedals
- March 2025
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Cornwall Council (CC) sees CLH as a major delivery vehicle for housing and economic growth. Through supporting the setting up of an umbrella CLT, Cornwall CLT, and providing revolving loan finance, affordable homes have been created for local people priced out of the housing market.
CC is a rural authority with some large settlements. It is an area of very high housing demand, where many homes are sold to second home, investment and retirement housing purchasers. There are high house prices but low wages, and no significant private rented sector.
CC is very clear that it needs to use all possible delivery vehicles to encourage housing growth. CLH helps CC to deliver its Local Plan and provide desperately needed affordable housing, as well as housing that is generally more affordable to local people. CLH also supports economic growth, not only in the construction phase but through providing affordable housing that aids labour market flexibility. CC contributed funding for the setting up of Cornwall CLT which has developed nearly 200 affordable homes, either on its own or through supporting new CLTs as an umbrella organisation.
CC works closely with local CLTs (the umbrella organisation and local groups) and a range of housing associations active in CLH. It supports CLH through: