DEVELOPMENTS

We aspire to create a new property for each property we buy. This is our aspirational target in order that we might be contributing to the housing crisis. We dream of ending homelessness. We mainly buy property from the open market, however, there isn’t enough existing property in the UK for the amount of people. We will create properties via new builds or conversions. Options are to buy a site, obtain planning approval for new dwellings and sell the site allowing a developer to build the properties. Alternatively we may develop the properties ourselves. Additionally we may be the developer of new property for a site that we don’t own. Whilst creating homes is our aspiration, we will also consider commercial and church buildings if relevant to the particular project. To date developments have included 59 dwellings and a church. Development costs have been between £100,000 and £10m. Please see our developments below.

ROCKMOUNT HOUSE

Plumstead, Greenwich

6 Flats

expected COMPletion

COMPLETED

May 2009

Green Pastures' first new build project houses 8 people who were at risk of homelessness in these 6 flats. Since 2009 Green Pastures has collaborated with Greenwich council to allocate tenants to the properties and to provide support where required.

The building has been designed to a high standard providing Code 3 energy efficient homes. This has a significant positive impact on their monthly bills.

We also constructed two 3-bed houses either side of the flats that were sold on the open market.

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MArksgate Development

Barking, East London

50 Flats

expected COMPletion

COMPLETED

April 2016

In partnership with St Marks' Church, Barking, The Berkley Foundation and London Borough of Barking & Dagenham (LBBD) we completed on 59 new homes (Marksgate) in Spring 2016 in one of the most deprived boroughs in England.

56 units are affordable homes provided by LBBD and we retained 3 units that we are using in partnership with St Marks church to house church workers and the needy.

The church also received a brand new facility including a community kitchen & a multi-purpose hall.

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SOUTHPORT road

Southport

50 Homes

expected COMPletion

COMPLETED

August 2020

In 2013 we purchased a three and a half acre brown field site in West Lancashire. Planning permission for 49 dwellings is expected in Spring 2016. Our aspiration is to provide one new dwelling for every dwelling we purchase off the open market. This development will help us work towards this aspiration.

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