6%
£1,325raised of £20,000 target by 46 supporters

Weʼre raising £20,000 to help build affordable homes in one of most deprived areas of the country

Location
Leeds, United Kingdom
Time left
1 day to go

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Story

Everyone should have a home; a safe, secure place to be themselves. That’s why we are creating sustainable and affordable homes for up to 33 households in one of the most deprived areas of the country.

We are transforming derelict land into a vibrant neighbourhood with low-energy homes, shared facilities and gardens, recreational space, opportunities for inter-generational connections and a diverse intentional community grown from the local area.

This venture is special. It is run by local people to benefit local people. At least two-thirds of the residents are from Chapeltown and the group reflects the diversity of the local area in terms of age, ethnicity and low incomes.

We live in an area that has one of the lowest levels of income in whole the country (incomes are in the lowest 1.5%). Once the homes are built we know the development is sustainable, but we need to spend money now to pay for the land, the architect, the surveyor, the solicitor, etc.

See www.chapeltowncohousing.org.uk for more information.

With many thanks for any help you can give,

Peter

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Chapeltown Cohousing is born out of the community. Local people are taking control of their own housing and working together to provide security for themselves and their families. Each household has their own home with everything they need, and they are also part of a cooperative community with shared facilities such as a laundry, play room, communal kitchen and dining room.

We will build super-insulated, affordable homes. Rent levels will be below 80% of market value and shared ownership means that people can buy what they can afford and rent the rest at an affordable rent.

We have reached a crucial stage. We have signed an exclusivity agreement with Leeds City Council that means we can purchase the site before it is offered elsewhere. The land costs about £250,000 – and every donation means we can provide more affordable homes and more shared community facilities.

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Updates

6

  • Peter Richardson

    Peter Richardson

    4 hours ago

    Peter Richardson

    We have, of course, also been busy raising loans to help us with the development finance. That’s the money we need in advance to pay for building the homes prior to getting money in once the residents move in - see www.chapeltowncohousing.org.uk/loanstock. Things are looking so good that we expect to be moved in by Christmas... ... 2018!! Thanks again, Peter and all the members of Chapeltown Cohousing.

    Update from the Page owner

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  • Peter Richardson

    Peter Richardson

    4 hours ago

    Peter Richardson

    Thanks to everyone who has donated. It will make a huge difference and we have been able to sign a contract with the council that secures the site for our development. This gives us 6 months to complete the purchase. We may not have reached out £20,000 target – that was probably a bit over-ambitious – but the amount we have raised really does help. Every pound that has been donated has a multiplier effect that reduces our need to borrow in the future. That means that a pound in the hand may well be worth two pound on the site.

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  • Peter Richardson

    Peter Richardson

    12 days ago

    Peter Richardson

    Take 3 minutes to meet some of our ChaCo members as they tour Lilac - a couhousing project in Leeds built 3 years ago.

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2 months ago

Peter Richardson started crowdfunding

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Supporters

46

  • Tom Archer

    Tom Archer

    Dec 3, 2016

    I hope the project is developing well! Great to see it coming to fruition.

    £20.00

  • Beth & Chris

    Beth & Chris

    Dec 3, 2016

    Happy belated birthday Bill:)

  • Beth & Chris

    Beth & Chris

    Dec 3, 2016

    Genius idea! Love this!!!

Peter Richardson

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About the fundraiser
Peter Richardson

Peter Richardson

Leeds, United Kingdom

All funds raised are for Chapeltown Cohousing Ltd, a not-for-profit housing co-operative registered with the Industrial and Provident Society, number 29376R. What makes this venture special is that it is run by local people to benefit local people and the local community.

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