Byker Community Trust (BCT) is a Housing Association which was established in July 2012 following the successful ballot of Byker residents, proposing the transfer of the Estate from Newcastle City Council to an independent body in order to:
- Secure the much needed investment to upgrade the Estate;
- Involve residents in greater direction of services on the Estate;
- Ensure service reviews led to improvements in the delivery to tenants.
How BCT is run
BCT is established as a ‘Community Benefit Society’ under model rules promoted by the National Housing Federation, the trade body for independent providers of social and affordable housing. BCT’s Board has 12 seats for Non-Executive Directors (NEDs) with ultimate governance and legal responsibility for BCT. The Board is made up of:
- Five independent members appointed by the Board and approved at the AGM;
- Three tenants elected at the AGM by tenant shareholders/members of the Trust;
- Two Council nominees appointed by Newcastle City Council;
- Two additional members who can be either Tenants or Independents.
The Board meets eight times a year (including a Board workshop and away day) and the first part of each meeting is an open session where anyone is welcome to observe. Commercially sensitive and other confidential business is conducted in private session. Papers for the public part of the meeting are published on the BCT website in advance. The AGM takes place in September each year and is open to shareholders who participate and others who can observe the proceedings.
For more information, please see our Byker Community Trust at a Glance brief