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Introductions

Introductions . Glenn Bowen Director of Enterprise 029 2055 6153 Twitter @glennwalescoop glenn.bowen@walescooperative.org. Commitment to Co-operation . The Welsh Government has made a commitment to support co-operative housing. It has: - Set up a Co-operative Housing Stakeholder Group

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Introductions

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  1. Introductions Glenn Bowen Director of Enterprise 029 2055 6153 Twitter @glennwalescoop glenn.bowen@walescooperative.org

  2. Commitment to Co-operation The Welsh Government has made a commitment to support co-operative housing. It has: - • Set up a Co-operative Housing Stakeholder Group • Provided funding to the Wales Co-operative Centre to develop and mange the Co-operative Housing Project • Set a target for 500 co-operative homes • Investigate potential funding for co-operatively owned homes

  3. The Co-operative Housing Project • 2 year project currently to March 2014 • Research the market for co-operatively owned homes • Appoint specialist providers to a framework agreement • 10 projects per Annum • 50 Beneficiaries per Annum • 2 ‘Shovel Ready’ projects – March 2014

  4. Market Research • Research Commissioned • Jan 2013 • By Wales Co-operative Centre • With financial support from Welsh Gov. • Contract Awarded to CIH • Consumer research • 3 pioneer projects identified for focus

  5. The pioneer projects • Three projects selected from ten identified developments : • Carmarthenshire: Proposed site attached to Supported Housing development in East Carmarthenshire • Cardiff: Site for approximately 50 homes to be developed in partnership with Cadwyn HA in West Cardiff • Newport: A Co-operative community within a larger development on a site in East Newport

  6. Research Findings • High Rate of response to the initial e-mail • Household types who were over-represented in the response to the survey • people aged 25 to 34/ private tenants / households with children • The importance of community - most cited factor • Affordability and development of property based equity – important principle to attendees • Theimportance of security– particularly for those in PRS • Communal space- raised as important factor at each of event

  7. Research Findings • Lack of understanding of financial models of co-operative housing • High interest in co-operative housing •  Co-operative housing an opportunity to down-size • Diversityand Equality –from information collected people from non-white background over-represented in Cardiff and Carmarthenshire, under-represented in Newport. • Co-housing - owner occupiers identified lack of a bridging mechanism to transfer from ownership to co-operative as a barrier

  8. Support All co-ordinated by Wales Co-operative Centre….. • Confederation of Co-operative Housing – Liverpool • Cooperantics LLP - Bristol and Southampton • AEL Consultancy Services – Merthyr • PPS West & Wales – Somerset/Cardiff/Llanelli

  9. Pioneer Projects • 10 in the first year • 3 Currently more advanced • Cardiff • Newport • Carmarthen

  10. Potential Pioneer Projects • RCT Homes – Pontypridd • Llangollen Urban CLT • Talgarth Co-op • Pembrokeshire Cohousing • Abbey Street CLT/Co-op - West Rhyl/NWHA • United Welsh – Learning Difficulties – Caerphilly • Presteigne – CLT and Lightfoot scheme

  11. Next Steps • Workshops • People/Community Engagement • Legal Structures • Finance

  12. Cwestiynau/ Questions? • Diolch am eich amser • Thank you for your time

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