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Holsworthy CPT secures loan for rental home


Holsworthy Community Property Trust, an organisation set up to address the shortage of affordable housing for local people in West Devon, has been approved for a loan from the Affordable Homes Rental Fund. 

The Trust typically enables people to purchase its properties on a shared ownership model.  However it recognised that some people were not always in a position to be able to buy and were in need of affordable rental accommodation instead.

Holsworthy CPT secured a £95,000 loan from the AHR Fund, enabling it to offer one of its homes at an affordable rent to a local family struggling to secure local housing following a relationship breakdown. 

If your organisation is interested in developing community housing, more information on the Affordable Homes Rental Fund can be found here.