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.
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.
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 Local Housing Allowance so you are never overspending on housing and further more we cap contributions at 90% of the LHA.
At the end of the agreement owns the homes. This scheme is suitable for all Councils and social landlords and is off balance sheet with no legal charges on assets.
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.
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 and we are keen to work on micro sites to large developments.
Renewable energy and low energy solutions are funded to alleviate fuel poverty.
At Cocoon Project our flexible approach means we can adapt to suit most housing situations.
Call or email now for a free no obligation proposal based on your area and needs.
Phone 01285 883 761