Prince William's $4M Cornwall Estate Project for Unhoused

Royal Spearheads Groundbreaking Housing Project for Homeless

by Zain ul Abedin
Prince William's $4M Cornwall Estate Project for Unhoused
© WPA Pool/Getty Images

In a groundbreaking move that underscores his commitment to social responsibility, Prince William, the Prince of Wales, has announced an ambitious initiative to combat homelessness. The royal is set to transform his Duchy of Cornwall estate by constructing 24 new homes for individuals facing housing difficulties, a project estimated to cost nearly $4 million (£3 million).

This initiative is part of his Homewards campaign, a long-term effort to address the housing crisis, a commitment he had expressed in an interview with The Sunday Times last year. Teaming with St Petrocs, a Cornish charity, the plan focuses on Nansledan, Newquay, a picturesque locale in southwest England.

William and the Duchy are not only providing the land but also bringing their expertise in design and development management to the forefront. The construction is scheduled to begin in September, with the first homes expected to be ready by Fall 2025.

The importance of the Duchy of Cornwall estate, valued at $1 billion, has increased since William inherited it after the passing of Queen Elizabeth in September 2022. It serves as a financial foundation for the heir to the British throne, supporting public duties and personal expenses.

William, along with his wife Kate Middleton and their children, rely on the estate's estimated $30 million (£24 million) annual income.

Prince William's Homeless Initiative

Ben Murphy, the estate director at the Duchy of Cornwall, highlighted the project's significance in addressing homelessness, a challenge that Prince William has prioritized.

The venture aims to tackle the root causes of homelessness, namely the scarcity of affordable rental properties, and serves as a model of effective collaboration across public, private, and voluntary sectors. This initiative is a testament to William's long-standing dedication to the cause of homelessness, a commitment inspired by his late mother, Princess Diana.

His engagement with the issue dates back to his childhood visits to The Passage shelter and his role as a patron of the Centrepoint charity in London. His hands-on approach was evident when he participated in a sleep-out on the streets and sold copies of The Big Issue on his 40th birthday.

The announcement coincided with Prince William's attendance at the 2024 BAFTAs in London, where he shared his enthusiasm for the works of Christopher Nolan and expressed his interest in watching the upcoming Barbie film.

Despite Kate Middleton's absence due to her recovery from abdominal surgery, the Prince's dedication to his public and charitable endeavors remains unwavering.

Prince William