People, pounds and property
The three main considerations when choosing a legal structure for a CLH group are:
- People: Who are the members? Who benefits? Who will get to vote? How will decisions be made? What say will partners and other stakeholders have?
- Pounds: Where is the required finance coming from? Will the group be applying for grants?
- Property: How will the property be owned? Will residents personally own property which can be sold to recoup the value if they move? Will a legal entity be set up to retain ownership?
It is also important to note that a legal structure should be chosen to fit what the group wants to achieve rather than shaping an organisation to fit a particular legal structure.
In this section we'll go back to basics, looking at a definition of community-led housing and exploring the different models to choose from depending on your group's needs and vision.
In this section you'll learn about the earliest stages of setting up a community-led housing project, including defining your vision and engaging with key stakeholders.