What is the Dr and Mrs. J Steven Faulds Memorial Fund?
The family and friends of Dr J. Steven and Mrs May Faulds have created a fund in their memory to work with communities that could help people access affordable self-build housing plots across rural Scotland.
The family and friends of Dr J. Steven and Mrs May Faulds have created a fund in their memory to work with communities that could help people access affordable self-build housing plots across rural Scotland.
How does the Fund work?
Communities Housing Trust (CHT) is administering the fund which will enable communities to identify suitable land to purchase and provide the necessary infrastructure to sell as individual self-build plots.
Projects will be undertaken to an agreed programme, at the end of which loans will be repaid to the fund. This will allow CHT to use the fund again and again to help new communities and following sale of the discounted plots, the fund will be replenished.
* Visit https://www.chtrust.co.uk/rural-housing-burden1.html to read more about the Rural Housing Burden.
Communities Housing Trust (CHT) is administering the fund which will enable communities to identify suitable land to purchase and provide the necessary infrastructure to sell as individual self-build plots.
Projects will be undertaken to an agreed programme, at the end of which loans will be repaid to the fund. This will allow CHT to use the fund again and again to help new communities and following sale of the discounted plots, the fund will be replenished.
* Visit https://www.chtrust.co.uk/rural-housing-burden1.html to read more about the Rural Housing Burden.
Who is Eligible to Apply for a Discounted Plot?
If you wish to build a home but can't afford to purchase a house plot on the open market, you may be eligible to apply for the fund but must be able to demonstrate that you have:
If you wish to build a home but can't afford to purchase a house plot on the open market, you may be eligible to apply for the fund but must be able to demonstrate that you have:
- A permanent connection to the local community i.e. family or personal connection, employment
- You have experienced difficulties in securing housing opportunities that meet the accommodation needs of your household
- You are able to meet the costs of developing the plot; and
- You have a clear understanding of the nature and limitations of the Rural Housing Burden
