The Eldonian Community Based Housing Association Ltd was set up as a Housing Co-operative in 1983 by tenants from Eldon Street and Burlington Street. The homes of these residents were scheduled for demolition: this would have meant that the community would have been broken up and the people scattered to different parts of Merseyside.
In 1990, the Co-operative became a Community Based Housing Association. The Eldonian CBHA is registered with both the Housing Corporation and the Registrar of Friendly Societies, and is also a member of the National Housing Federation.
The CBHA is held directly accountable to its customers through consultation and customer participation. Legally owned by its nominal shareholders (who have £1 holding each), shareholders receive no profit. Anyone over the age of 18 years, who lives in an association property, is entitled to apply to become a shareholder.
The Eldonian Village is located at the end of the Leeds-Liverpool canal, off a main arterial route out of Liverpool city centre, and close to the northern docks of the city.
It is an inner-city area just on the northern edge of the city centre that has seen massive economic and social change over the course of the 20th century, with entire industries rising and declining, and very extensive new housing developments. These changes have had huge impacts on the local population.