Download and print your CCCLT membership form
The first project of the Corfe Castle Community Land Trust Limited is to provide genuinely affordable housing for people with a strong local connection to the village. Future projects could involve taking on other assets important to the community.
Corfe Castle Community Land Trust Limited is a Community Land Trust. There is a legal definition of a CLT. It must be:
Owned by the Community
Run by the Community
For the benefit of that geographical Community
Not for personal profit
Housing and Regeneration Act 2008 Part 2, Chapter 1, Clause 79.
To ensure the CLT meets these criteria the Corfe Castle Community Land Trust has been registered as a Community Benefit Society; it needs members to join and help to achieve its aims and objectives. Each member will have one, equal vote at general meetings, may offer to serve as a board member and will elect the board.
A Community Benefit Society is joined by members owning shares in it. Unlike a share in a company (such as British Gas) you will not ‘own’ part of the CLT and will not receive any payment from profits. The shares cannot rise in value but may lose value. You cannot sell them.
As a Community Benefit Society, as well as guaranteeing democracy and ensuring its assets are protected, Corfe Castle Community Land Trust will be able to raise funds through issuing shares. Currently we simply need members.
We are asking for those who want to support our initial goal of providing affordable housing for local people to invest in £1 shares and join us.
Please print and return the application form in the PDF link below with your payment to either the address below, or boxes at The Sweet Shop or Corfe Castle Village Stores.
Corfe Castle Community Land Trust Limited is a Community Benefit Society Registration No. 7558
Registered Office: 50 West Street, Corfe Castle, Dorset BH20 5HE
Email: [email protected]