News Flash – Mini ‘pioneer’ share issue for Walsden
We are currently accepting investments in a small-scale ‘pioneer’ community share issue to contribute £35,000 in withdrawable share capital, to strengthen our capital reserves and complete our Walsden project. We are seeking seven investors, each investing £5,000. The offer document is here.
Coming soon: a community share issue
Calder Valley Community Land Trust believes that community-led efforts can help achieve the new homes we really need in our Valley.
We also believe that there are many people within our own community who have a little money available which they will be prepared to invest for social as well as financial return.
We have raised already £64,000 in withdrawable share capital, £39,00 from local individuals and £25,000 from a local charity. We have a second ‘pioneer’ share offer currently live (see above).
We have also been planning for over two years a major share issue to raise capital from within our community for our proposed development of 20 homes in High St, Hebden Bridge. Over £150,000 has already ‘pledged’. However, with the decision of the council’s planning committee in February 2019 to decline planing permission, we are at the moment putting this share issue on ice.
Nevertheless we will still be pleased to hear from you if you consider it likely that you will, in due course, be prepared to invest in the CLT. More details are in our original pledge leaflet.
More about community shares
There is a lot of information on how social investment is working to drive real improvements for communities across the UK at the Communityshares.org.
You can find out more about what community shares are, here.
Register your interest now
You can register your potential interest in the share issue now. This is without obligation, but means that you will receive details of the launch event and will receive the share offer document when it is available.
You can register your interest by emailing us on firstname.lastname@example.org. Let us have your name, address and email address and we will do the rest.
Make a provisional pledge!
If you think you are likely to be able to invest next year, it will help our planning if you can advise us now. This is entirely without legal obligation, and you will be able to decide whether to invest, and if so how much, when the offer document is launched.
Email us on email@example.com.
You can paste the form below into your email, ticking the amount you expect to invest.
I anticipate at present that I will be interested in making an investment in the Community Share Issue of: