Housing charity aims to raise £500,000

A charity that supports community housing in the developing world is attempting to raise £500,000 of property finance for Africa through a bond targeted at the UK social housing sector.

Homeless International will launch the bond at the Chartered Institute of Housing's annual conference in June. The Airways Charitable Trust Foundation, a grant maker, has pledged £100,000 and the social housing umbrella body the London Housing Federation will contribute £30,000.

Kim Mullard, deputy chief executive of Homeless International, said: "There is a real demand for capital among partner organisations where banking is not well developed."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert Hub

Insurance advice from Markel

Cyber and data security - how prepared is your charity?

With a 35 per cent rise in instances of data breaches in Q2 and Q3 last year, charities must take cyber security seriously

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now