In April 2023, Community Land Trust Network published its latest 'State of the Sector' report. PCHT is a member of the Network.
State of the CLT Sector report.
Launched by the Secretary of State Michael Gove MP in Parliament, the report finds that industry partnerships could help communities to build at least 278,000 homes through replicable project types.
It is estimated that 80% of these homes would be additional and only made possible due to the involvement of a CLT.
The market opportunities to scale proven models are:
These figures would see the notional value of CLT assets rise from £550 million today to £47 billion.
"What could be a better example than a neighbourhood taking control, then being in charge of its destiny and making sure that the homes in which people live have the heart and soul of that community embedded in the bricks and mortar? That’s why I’m a supporter of CLTs."
Extract from Rt. Hon. Michael Gove MP’s speech
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