At Cocoon Project

At Cocoon Project we have a unique proposition where you can build Social housing with no upfront costs or capital expenditure.   Our fully funded solution is based on the Local Housing Allowance, so you are never overspending. At the end of the agreement you own the homes. This scheme is suitable for all councils and social landlords and is off balance sheet, with no legal charges on assets.

We are also putting together our own developments, and will soon be able to provide clean, comfortable, energy efficient and sensibly sized homes as an alternative to cramped and overpriced temporary accommodation. These will be offered under long let arrangements to ensure stability and security for both you and your tenants.

 

New Build

You provide the land with planning. We build the scheme to building and planning regulations or finance your build. You continue to own the land. We own the housing and issue an agreement for between 10-20 years (depending on spend) for 90% of the LHA rent income. You maintain the houses and control the rental of the homes. At the end of the agreement you take ownership of the homes.

Refurbishment

You provide the housing that is below standard. We refurbish the houses or finance your programme. You continue to own the homes. We issue an agreement for between 10-20 years (depending on spend) for 50% of the LHA rent income. You maintain the houses and control the rental of the homes. At the end of the agreement there is no further liability.


Funding

Not only will we fund new build but we can fund refurbishment works to in a similar way by using the local authority housing money. 

Our build or yours it is the way we fund projects that is our proposition so we are happy to use your contractors and site designs if required.

We can even include professional fees in the package.


More

You are always in control of the housing with full nomination rights, meaning we can create homes to meet your local housing requirements.

All you need to provide is the land or the housing stock. We are happy to work on everything from micro sites to large developments.

Renewable energy and low energy solutions can also be arranged (separately funded with no capital expenditure), helping to alleviate fuel poverty.

At Cocoon Project our flexible approach means we can adapt to suit most housing situations.


Contact

Call or email now for a free no obligation proposal based on your area and needs.

Phone 0333 8802407