Frome Area Community Land Trust (FACLT) exists to create fairer housing for Frome

 

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We are having ongoing positive meetings with Somerset Council. Mayday Saxonvale said “We look forward to continuing an open dialogue and moving forward with the sale of the Saxonvale site for our community.
 
Community-led development at scale is relatively new, and therefore our aim is that through these discussions the council will fully appreciate the resilience of the model we are putting forward. Compared to a conventional developer, we are lower risk. With one project we have only one focus, one which is not leveraged and we have more diverse sources of funding available.
 
Our aim is to transform Saxonvale as a mixed-use urban regeneration project in a way that puts Frome first at every stage. We are in it for the long term. The future impact on Frome is central to all our thinking, and our plan will enhance the future resilience of Frome through community ownership.
 
By retaining and reinvesting profits for the benefit of our town, we will generate social, economic, and community wealth to ensure Saxonvale contributes to the health and vitality of Frome and Somerset.” 
 
Somerset Council said ““Following confirmation from Acorn that they were withdrawing their proposal for the Saxonvale site, we opened discussions with the alternative developer, Mayday Saxonvale Development Ltd.
 

We will work over the coming months with Mayday Saxonvale and their partners to discuss the benefits and risks of their proposal in more detail, with a view to taking a decision on the site later in the year.” https://www.bbc.co.uk/news/articles/c24pm1dn42zo

Read more about Saxonvale and our involvement.

Please help strengthen our position by becoming a member of FACLT, it costs a minimum of only £1.
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House prices in Frome have risen over 25% since 2016 – one of the highest price increases in the UK.1

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There are currently over 800 households with a local connection to Frome on the Homefinder Register waiting for a socially rented home. 2

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Between 2006 and 2022, only 23% of new homes built in Frome matched the government definition of ‘affordable.’ 3

1. SomersetLive, Evening Standard Homes & Property

2. Homefinder Somerset

3. Somerset Council.

Our Vision

 

 We want a town in which all sections of our community, in all housing tenures, have access to decent homes that meet their needs.

We recognise that there is a housing crisis in our town.

Our vision is that FACLT will lead the way, in partnership with others, in tackling this crisis over the coming years.

We aim to make a real contribution to the provision of genuinely affordable homes for local people in housing need. 

We will continually draw attention to the need for fairer housing in Frome and work with our community to realise all possibilities for creating it. 

We will ensure that those having real experience of the housing crisis and who are in need of genuinely affordable housing have their voices heard and opportunities to engage.

 

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