To help create a brighter future
for our community
People of all ages living, working and flourishing in our community
Innovative, Open, Inclusive
SouthGen was created out of a crisis – the closure of our local hospital, and the threat that this historic building would be demolished and redeveloped as luxury housing. At the same time, it looked like our popular library might be forced to close because its lease was coming to an end and a new home couldn’t be found. SouthGen turned this crisis into an opportunity.
We partnered with Hastoe Housing Association to buy back the closed hospital, which is now being redeveloped as affordable housing and a community hub.
SouthGen is a charitable community benefit society that is democratically run by its members (investors) on a one member – one vote basis irrespective of how many shares they own.
We have charitable objects and a charitable asset lock. Our assets cannot be sold into private ownership and our profits must be used for the public benefit. See the Society Rules here.