Affordable homes for Waltham Forest residents, forever
The heart of our mission is to provide 100% genuinely affordable homes for local people, forever. An ‘asset lock’, where Forest CLT is the long-term steward of every home, means our projects will continue to benefit Waltham Forest for generations to come and will never be lost to the open market. When an owner or renter moves out of a Forest CLT home, they pass on the below-market cost to the next person. A mix of secure long-term rent and affordable ownership means our projects will meet the needs of a diverse cross-section of the local community. A proportion of our rented homes will be available to those on the council’s social housing waiting list and every home, whether rented or owned, will be built to the same high-quality standards. As members of the CLT, our residents will be their own landlords – working together to look after their homes and the community. Resident-controlled management and ambitious sustainability standards will keep running costs down, year after year. Less financial pressure frees up time to volunteer, spend time with family or learn something new, with knock-on benefits far beyond Forest CLT’s residents.