The Foundation will deliver multigenerational living to locations in England and Wales. It will be a not for profit company limited by guarantee. Consequently, any surpluses arising from the sale of homes at market value will be utilised to fund the objects of the Foundation and associated Charity...
The entire shareholding of this company will be owned by the Fairliving Foundation Charity: consequently, any surpluses arising from the sale of homes at market value will be paid up to the charity to fund its charitable causes...
The Foundation aims to deliver all its single person homes at 75% of open market value on this site. Up to 20% of these will be allocated to key-workers on the frontline of the NHS and social care. These key workers would be eligible to purchase an initial 25% of the capped 75% value of the property.