Sheriff Hill
This led to the building of the first council housing estate in Gateshead. Alderman Hodkin laid the foundation stone on 27 October 1920; as work commenced the Alderman demonstrated the authority's concerns, telling the local newspaper that: "we can build houses, but we cannot build homes. Only the people themselves can do that and I hope that the spirit of ‘esprit de corps’ will prevail and this will be a model estate" Demand was highthere were 427 applicants for the first twenty eight houses builtand the council built further tracts of housing in a broad triangle between Sodhouse Bank, Ermine Crescent and The Avenue, although central government withdrew its promised funding. By 1936, most of the social housing available as of 2012 was in existence and provides accommodation to over half of the population of the suburb.
Foundation (nonprofit)
In some jurisdictions, a foundation may acquire its legal personality when it is entered in a public registry, while in other countries a foundation may acquire legal personality by the mere action of creation through a required document. Unlike a company, foundations have no shareholders, though they may have a board, an assembly and voting members. A foundation may hold assets in its own name for the purposes set out in its constitutive documents, and its administration and operation are carried out in accordance with its statutes or articles of association rather than fiduciary principles. The foundation has a distinct patrimony independent of its founder.