What is the Community Investment Programme (CIP)?
The Community Investment Programme (CIP) is our ambitious 15-year plan to invest over £1 billion in schools, homes and community facilities in Camden. It’s our answer to government spending cuts – an innovative way to continue to invest in our community despite massive reductions in central government funding.
In total, we’re building 3,050 new homes, including 1,400 affordable homes, investing in 53 schools and children’s centres and providing 9,000m2 of improved community facilities, the equivalent of 35 tennis courts. CIP will also help renovate thousands of existing council homes, as part of the Council’s Better Homes Programme.
To date we have built 277 homes through CIP and expect to complete another 425 homes by 2018. We’ve also invested £61 million into schools and children’s centres and provided 1,242 m2 of community facilities, including the new St Pancras Community Centre, which opened in summer 2016.
We are funding this investment in affordable homes, schools and community facilities by building homes for private sale and by selling buildings and land that we no longer need. Every pound raised through these sales is reinvested back into Camden – for the benefit of residents today and in the future.