Tom Chance
@tomchance.bsky.social
290 followers 210 following 160 posts
CEO of the Community Land Trust Network / Rhwydwaith Ymddiriedolaethau Tir Cymunedol https://www.communitylandtrusts.org.uk
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tomchance.bsky.social
Soon to be a big and very positive moment for renters and landlords.
matthewpennycookmp.bsky.social
My sincere thanks to Peers for completing their scrutiny of the Renters’ Rights Bill yesterday.

With no Lords amendments coming back to the Commons, the Bill will soon receive Royal Assent allowing us to transform the experience of private renting for millions of tenants.
tomchance.bsky.social
Although civil servants would protest that this is very complicated, in effect we just need around 0.5% of the Social and Affordable Housing Fund budget in the form of revenue grants or revolving loans/equity to capitslise our sector and make 100s of projects like Yorpace's possible.
tomchance.bsky.social
MHCLG has put £20m into Resonance's Community Developers Fund, which is great, but they need more shovel-ready projects and it's only a small % of the total financing needs of the wider sector.
tomchance.bsky.social
Housing associations enjoyed years of much more generous grant rates in the 1970s-90s,. and big stock transfers from councils, setting them up to develop new homes. CLTs and co-ops today aren't so lucky. The CHF fixed this, in effect bringing some of the capital grant forward for the early work.
tomchance.bsky.social
Explanation...

Yorspace used Community Housing Fund grants worth ~£160k to bring this collective custom build project forward, which then enabled them to access mainstream funds like a £516k brownfield grant from the combined authority and commercial borrowing.
tomchance.bsky.social
They're moving in! Lovely to drop in to catch up with James, his is the first family to move into @yorspace.bsky.social 's almost-finished first co-op housing project. If only @matthewpennycookmp.bsky.social could unlock the funding for many more projects like these...
tomchance.bsky.social
What role could community ownership play in the Pride in Place programme?

It could be a tool in the box, but it could also transform the power of communities to led in their regeneration, and with a regenerative rather than extractive model.

www.communitylandtrusts.org.uk/news-and-eve...
Community ownership and Pride in Place | Community Land Trust Network
Featured image: Hastings Commons CLT credit Johnny Thompson The UK government has announced up to £5bn of investment for 339 "overlooked" communit ...
www.communitylandtrusts.org.uk
tomchance.bsky.social
Interesting point, probably true as the price paid is a function of effective demand of purchasers, which the tax suppresses. So in a sense it's even more regressive in that it further rewards the sellers' unearned gain and does little to aid affordability for the buyer.
tomchance.bsky.social
Yes, let's abolish stamp duty, it's a crap tax in many ways.

But it needs to be replaced with a progressive property tax, for which there are a number of options. Just scrapping it would be a windfall for the super wealthy.
danneidle.bsky.social
Who benefits from the abolition of stamp duty land tax?

The first answer: people buying very expensive homes. Average saving for someone buying a £10m+ home is £1.7m. Average saving for someone buying a £250k-£500k home is £5k.
Reposted by Tom Chance
danneidle.bsky.social
Who benefits from the abolition of stamp duty land tax?

The first answer: people buying very expensive homes. Average saving for someone buying a £10m+ home is £1.7m. Average saving for someone buying a £250k-£500k home is £5k.
Reposted by Tom Chance
tomchance.bsky.social
So important, thank you, thank you, thank you.
tomchance.bsky.social
Remember - for all the talk of building affordable housing, the existence of the right to buy, demolitions and disposals mean we're still making things worse every year.
resfoundation.bsky.social
Affordable housing stock has fallen drastically relative to population since the early 1980s ⤵️ buff.ly/pQXp2Sc
chart showing Affordable dwelling stock per 1,000 adults (left axis), and additional affordable homes (right axis): England
tomchance.bsky.social
Having handled casework this is the perfect candidate for some AI productivity gains!
Reposted by Tom Chance
josiah.writes.news
Some good news.

London is meeting legal limits for toxic NO2 pollution for the first time – almost 200 years earlier than predicted – following the Mayor’s "world leading air pollution policies," City Hall announces.

The Ultra Low Emissions Zone - and similar policies - really do work.
tomchance.bsky.social
🎉 As a member of the #CommunityWealthFund Alliance I am delighted by the news we have secured £175 million for England's doubly disadvantaged neighbourhoods

This crucial investment will place power and resources directly in the hands of communities in the areas that need it most.
tomchance.bsky.social
Looking forward to the further detail on this, having been involved a little in ICON's great work. Devil will be in the detail of how neighbourhood boards function, how the money is deployed to build broad-based inclusive capacity in communities, etc. etc.
platformplaces.bsky.social
When people have the resources & power to shape their own neighbourhoods, magic happens 🌱 🏘️

From youth clubs to music venues, health hubs to repair cafes, affordable housing to urban farms, local groups are transforming spaces — for socially just & ecologically resilient work, life & play.
Reposted by Tom Chance
platformplaces.bsky.social
When people have the resources & power to shape their own neighbourhoods, magic happens 🌱 🏘️

From youth clubs to music venues, health hubs to repair cafes, affordable housing to urban farms, local groups are transforming spaces — for socially just & ecologically resilient work, life & play.
tomchance.bsky.social
Fascinating thread, the book would be a great read.

I was on the edges of this in the late 90s/early 00s and saw how the more communitarian/commoning strand of techno-utopianism in eg the free software and creative commons movements were eclipsed by libertarianism and capital. Depressing.
gilduran.com
1/ A longtime Wired editor just wrote a mush-brained essay about how he totally missed the political rot of Silicon Valley (& still doesn't get it).

But in the late 1990s, a Wired journalist warned of a toxic ideology bubbling up from tech. Paulina Borsook has largely been erased. Let's change that
photo of paulina borsook
tomchance.bsky.social
Some more info here

www.gov.uk/government/n...

Discussions about neighbourhood governance are live and up for grabs, there is a nebulous clause in the devo bill about it and differing views in govt and elsewhere about the right approach.
Communities to seize control over high streets and restore pride
Local communities will be handed new powers to revitalise their high streets and restore pride in their towns.
www.gov.uk
tomchance.bsky.social
Wonderful to visit Chapeltown Cohousing and talk with some of the members/residents during the #NorthernWay Summit in Leeds yesterday, such an inclusive, diverse and neighbourly community.
tomchance.bsky.social
It'll be down to each neighbourhood board in each of the local areas to decide how to spend the money, which could include community buyouts, see eg www.gov.uk/government/p...
Plan for Neighbourhoods: pre-approved interventions
www.gov.uk
tomchance.bsky.social
The govt could revive and reform the Right to Transfer regulations that enabled the tenants of Westminster Council to set up a CLT called WECH in 1992 - wech.org.uk

It'd be hugely unpopular with HAs, of course.
WECH - Resident control in action - Walterton and Elgin Community Homes
wech.org.uk