Bristol City Council is our sole shareholder, but we are run as a commercial enterprise, with social objectives.
We form partnerships with private developers to deliver mixed developments of market sale and affordable homes.
Our primary source of sites is Bristol City Council. Once sites are agreed for development, Goram Homes acquires them from Bristol City Council at a fair market rate, using the most suitable funding mechanism for the site.
Our model allows Bristol City Council to generate a significant land value and a 50% share of profit – generated by private housing, affordable homes, and any commercial property.
Any profits could be kept to fund more new homes.