Oakfield Terrace update: July 2023

In the last month, we’ve continued to make sure and steady progress towards getting the Oakfield Terrace development on site. Since June, a lot of the steps we were waiting for have been achieved, including an updated valuation of the scheme, and making positive progress with our funding strategy to bring Oakfield Terrace into community ownership.

In order to deliver the Oakfield Terrace scheme, we’ve adopted a mechanism that is a bit like a surrogate pregnancy: it’s our baby, but we need some help to deliver it! What that means is that while Liverpool City Council own the terrace buildings, our development partner Your Housing Group, and our construction partner Penny Lane Builders will deliver the community’s design on our behalf. Homebaked CLT will then be able to ‘buy back’ the scheme once the building work is complete.

This means that the funding we are securing at this stage, although guaranteed, will not be able to be drawn down until practical completion of the scheme.

We have a range of conditions set out by LCC which we need to meet in order to get on site and ultimately ‘buy back’ Oakfield Terrace, and we are now working through the last of these. With the support of our fantastic board, Tom is leading on our registration as a Registered Provider of Social Housing – which is a task and a half! Britt is continuing to strengthen our financial strategy, and Naomi is preparing our community share offer – which will allow local people to become co-owners of the scheme.

Every day we are getting a step closer to starting on site, and to #GetTheTerraceDone!

Homebaked CLT appoints new Chair of the Board

Homebaked CLT are pleased to announce Andrew Beattie as the new Chair of the Board.  Appointed at the 2023 Annual General Meeting in November, Andrew has been a longstanding member of the organisation, and involved in many different capacities over the years, including as a board member. He replaces previous chair Ralph Bullivant, who had […]

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Oakfield Terrace Update: October 2023

We’ve continued to push on behind the scenes with great progress on Oakfield Terrace, meeting fortnightly with our project team and partners to ensure we keep moving forward with momentum to deliver on our promise to our community. We’re working through the final legal and design processes – dotting the i’s and crossing the t’s, […]

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Opportunities with our Cosy Homes Club

Do you want to: Homebaked CLT has two exciting opportunities for local people in Anfield and Everton to get involved in learning about energy issues and make a difference in our community. We need: If you’re interested in working together with your neighbours to find ways that we can help people in our community to […]

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