|Investing in||Affordable Housing|
|Offer opened||31st October 2020|
|Offer closed||6TH January 2021|
|Location of project(s)||Todmorden|
|Offer price, per share||£1, bought in multiples of 250|
|Minimum investment amount||£250|
|Maximum investment amount||£20,000|
|Min. raise for offer to proceed||£150,000|
Calder Valley CLT has a target maximum interest rate of 2% with first interest payments to be made available in early 2023. Interest payments are a key priority in the Fielden Acre and CVCLT business plans, however, CVCLT trustees reserve the right not to make interest payments if unforeseen circumstances mean that the society cannot afford it
The Share Offer aims to bring land and buildings constructed in the 1870s by the pioneering educator and philanthropist, Sarah Fielden into community ownership. If successful it will secure two homes at affordable rents, safeguard an important piece of heritage and protect the future of the beautiful Fielden Hall as a thriving community centre.
Learn more about key aspects of this share offer
Aims, social and financial performance, and how it's run
The CVCLT share offer document has been awarded the Community Shares Standard Mark. This Mark is awarded by the Community Shares Unit to offers that meet national standards of good practice.
These standards ensure that:
Societies are asked to sign a Code of Practice requiring them, among other things, to give the public a right of complaint to the Community Shares Unit.
The information on this website is only a summary of the offer document.
Before applying for shares the whole text of the accompanying share offer document and business plan should be read.
If you are in any doubt about the information on this website, the content of the accompanying prospectus or the action you should take, you should immediately consult a person authorised for the purposes of the Financial Services and Markets Act 2000, who specialises in advising on investment in shares and other securities.
Prospective investors should be aware that the value of the shares, which will not be quoted, cannot go up, but can go down. In addition, there is no certainty that investors will get back the full amount they invest.
As of the 6th January 2021 this offer is closed.
The Ethex team are here to help from 9am to 5pm
01865 403 304