Who We Are

Beam River CLT is incorporated as a Community Benefit Society registered with the Financial Conducts Authority (FCA). This legal structure means that any benefits, such as assets, grants and/or subsidised land, will be protected in perpetuity for the benefit of the community through the CLT as a legal framework.

Beam River is a community land trust (CLT) registered with the Financial Conducts Authority (FCA) as a Community Benefit Society (CBS).

What is Community Land Trust (CLT)?

The Housing & Regeneration Act 2008, Part 2, Chapter 1, Clause 79 defines CLT’s as a corporate body which:
1) Is established for the express purpose of furthering the social, economic and environmental interests of a local community by acquiring and managing land and other assets in order -

• To provide benefit to the local community;
• To ensure that the assets are not sold or developed except in a manner which the trust's members think benefits the local community;

2) Is established under arrangements which are expressly designed to ensure that:

• Any profits from its activities will be used to benefit the local community (otherwise than by being paid directly to members);
• Individuals who live or work in the specified area have the opportunity to become members of the trust (whether or not others can also become members);
• The members of a trust control it.

Our Objectives

1. Access to affordable, eco-friendly housing – we wish to provide affordable and eco-friendly homes to members of our community;

2. Inclusive Community – we wish to create an inclusive community to mitigate the negative effects of loneliness, isolation and fostering communal unity as an adult social care strategy;

3. Support Beyond Housing – we wish to support the growth and development of our members through training, skills and capacity building opportunities, employability and entrepreneurship development programmes;

4. Support members to acquire new Green Skills – we will support our members to train and retrain by taking advantage of London’s green economy job creation agenda.

How we make decisions

Beam River CLT currently operates a flat organizational structure. It is run and managed by 12 members who are all members of the Management Committee with assigned responsibilities and cross-cutting roles and functions.

This organizational form was chosen due to its ability to enhance member participation and inclusiveness in the day-to-day affairs of the CLT. Members will elect and be able to stand for Board positions through a democratic governance system. Our decision making at full membership AGMs will occur via voting - one member one vote.