Home Farm Village Co-op and Cadwyn HA
Overview
- Home Farm Village was the first Leasehold Housing Cooperative in Wales, where 41 social rented homes were completed in 2015
- It was a pioneer housing co-operative for the Welsh Government, which contributed capital funding to Cardiff-based Cadwyn Housing Association
- Promoted by Cadwyn as a housing co-op from the start, the design encourages community interaction with additional green spaces and lower boundary walls and fences
- Cadwyn also worked in partnership with Cardiff Council and the Wales Co-operative Centre
- Co-op members were recruited during the development period. Most came from the City Council’s waiting list and none had any prior knowledge of housing co-opertaives. They received over 600 hours of intensive training to help them form and manage the housing co-operative on completion of the scheme
- The Co-operative has a renewable 7 year lease on all 41 rented homes
Key messages
- Housing associations can successfully develop a housing scheme and then lease the completed homes to a new community-led housing organisation, with management responsibility taken on by tenants recruited from a local authority waiting list
- Co-operatives enable residents to have autonomy, influence decision making by mainstream housing providers and have control over how their housing scheme is managed
- Co-operatives can be a good way to increase affordable housing provision as well as boosting the economy and creating local job opportunities
- Lower housing management costs may mean surpluses could be used to develop more homes
Useful Links
A Welsh Government press release about the Home Farm project
A more detailed case study about the project
More information about Cadwyn Housing Association
Published in April 2018