The Community & Housing Investment Partnership (CHIP) Fund

During Braintree District Council’s stock transfer to Greenfields Community Housing (now Eastlight Community Homes) in 2007, The Community and Housing Investment Partnership (CHIP) Fund was created as a joint partnership fund between Greenfields (now Eastlight Community Homes) and Braintree District Council. The CHIP Fund had £11 million of grant funding to spend throughout the Braintree District, supporting a range of projects including the development of new affordable social housing, the development of facilities for community benefit, environmental improvements and regeneration activities. 

£3.7 million has been spent so far on a range of projects with £7 million of the remaining balance of the CHIP fund being set aside for the purchase and development of new affordable social housing by Greenfields (now Eastlight Community Homes).