Cashes Green hospital site update

Front page of the Citizen today brings news that the first affordable homes in the UK to be built by involving a community land trust look set to be built in Stroud.

Photo: consultation afternoon last year that I attended

The 50 homes should be available to buy at about 40% less than open market value in only a couple of years time assuming that the project gets planning permission. An additional 27 homes are due to be sold on the open market.


Photo: Hospital site

The idea of the £8.75m pilot, proposed on the old Cashes Green Hospital site, is to bridge the gap between low wages and spiraling house prices. See my comments and background info here and blog on 5th September 2006.

After four years of preparation and much much waiting this innovative scheme has at last been given the go-ahead by the Government's regeneration agency English Partnerships.