Waterfall Way CLT

👉 Have your say: https://www.bellingen.nsw.gov.au/Have-Your-Say/Proposed-Financial-Assistance-–-Ferry-Street-Urunga

Now’s your chance to show your support for our demonstration project. Forever affordable homes for locals.

Urunga Affordable Housing Plan Gains Momentum - By Michael Burt Bellingen Shire Council resolved to progress a proposed transfer of Council-owned land at Ferry Street to Waterfall Way Community Land Trust ...

We are so lucky to be surrounded by passionate and committed smart people like Mark who are working hard to create the space for the CLT model to prove itself. Take a minute to read his blog post - it's insightful and inspiring in equal measure.

The Next Chapter of Home Ownership Won't Look Like the Last Australia's housing market is shifting. Interest rates remain high and economists broadly expect them to stay elevated for some time, growth has slowed and some major-city markets are softening, and the May Budget's changes to negative gearing and capital gains tax are reshaping how investors weigh

Huge bouquet to Bellingen Shire Council for their commitment to support local housing solutions. The Community Land Trust model is new to Australia and offers a solution for people on local incomes who are priced out. The Council decision this week is a huge leap forward. We know there is one more important round of community consultation, but we can almost see people unpacking their boxes.

Bellingen Shire councillors voted to progress plans to sell the Ferry Street lot, valued at $750,000 to the Waterfall Way Community Land Trust (WWCLT), a not-for-profit that owns and manages land to support community needs.

WWCLT executive officer, Kerry Pearse says the 2,000m2 lot could create up to seven new affordable homes, offering a co-ownership model for people on local incomes, where the land is held in trust and residents own the home structure.

https://www.abc.net.au/listen/programs/abc-coffs-coast-local-news

Take the time to read this insightful and inspiring call to action. We are thrilled to be working with Mark and his team. Community owned banks and Community Land Trusts are the perfect partners.

The Next Chapter of Home Ownership Won't Look Like the Last Australia's housing market is shifting. Interest rates remain high and economists broadly expect them to stay elevated for some time, growth has slowed and some major-city markets are softening, and the May Budget's changes to negative gearing and capital gains tax are reshaping how investors weigh

Huge congrats. A great example of the potential of good quality modular builds.