Hopefully by now, anyone reading this will be inspired to ask what they can do to help...
I have decided to raise the capital for the first project with crowd funding. I will obviously be making a reward based offer and for the higher level investors, a profit share scheme. I will not be offering equity because it is vital that I retain control to drive the project to completion. The entire project will be the maiden project for this Non Profit organisation.
This will be the first of many projects just like this one which will have equity offered to investors.
the first project will provide 40-45 brand new family homes to families from the social housing waiting lists that without projects like this would struggle to acquire a home at the price.
the rental income from each apartment will be capped to housing benefit rates thereby ensuring that even if a tenant lost their income, their home would be secure.