YorSpace will use not for profit, cooperative structures to make housing as affordable and inclusive as possible.
We are a Community Benefit Society **, a cooperatively owned company that anyone can become a member of. By creating resident cooperatives using a Mutual Home Ownership model we will redefine home ownership and start to embed better fairness in housing.
Our Mutual Home Ownership model ensures that the homes we build will always stay cooperatively owned and affordable. Because mutually-owned homes never move onto the open market, they cannot be sold on at a higher value. This means that they will always be affordable, regardless of the changes in the housing market in the future.
We are making connections with the York community and hope to draw on the local support we have received as we look for people to invest and help us make Community led housing happen in York.