Principles met

  • We will promote community-based approaches to economic development that focus on supporting the creation of jobs, social enterprises and other businesses and providing an environment for co-operative and mutual enterprises to thrive.
  • We will embrace innovation in how we work with local communities to drive positive change.
  • We will support the development of a framework and criteria for social value, giving substance to the concept and supporting Councils with the tools to ensure better local social and economic outcomes.
  • In exploring new ways of meeting the priority needs of our communities we will encourage models, such as co-operatives and mutuals, which give greater influence and voice to staff and users. in designing and commissioning public services and in determining the use of public resources.

We advised the ‘people first’ organisation P3, a registered charity, housing provider and social enterprise on aspects of its 10-year partnership with West Lindsay District Council (WLDC) to provide high-quality, sustainable affordable housing in Gainsborough.

Through the partnership, WLDC granted £1m to P3, and transferred 11 properties to the charity. P3 was able to leverage WLDC’s funding to raise £4m in social investment, to refurbish the homes and purchase additional homes. P3’s goal is to refurbish, manage and rent 110 homes through the project.

In addition to refurbishing the houses, P3 is then letting out the homes through an impactful letting policy agreed with WLDC, and also providing wraparound support to tenants; the aim is the creation of a new housing ecosystem where people will benefit from long-term stability and thrive.

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