This website uses cookies

We use cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, and assist with our promotional and marketing efforts. View our Privacy Policy

St Ives Community Land Trust

St Ives Community Land Trust

£350 minimum

Open investment offers are subject to changes and updates as the project progresses.

Check back with this tab to find the latest project update.

Latest update: 02.12.2019

Update 02.12.19

Below is a copy of a letter from the St Ives CLT team updating on the share offer and an extension

 

Dear Investor,

Community Share Issue for Old Vicarage Flats, St Ives

Firstly, I would like to thank you very much for your investment in St Ives Community Land Trust. We really do appreciate your support for the vital work we are doing to provide one solution to the housing crisis in St Ives. We are excited to have reached the significant milestone of £212,000. We also have grants awarded of £100,000 so far.

Following a meeting of the Board held on 27th November 2019, it was agreed to extend the Community Share Issue period to the 31st January 2020 as we are waiting determination of an application to the Community Share Booster programme. This means that your subscribed monies will be held by Ethex for longer than we originally expected, but also enables your investment to have a greater impact. However, we are not changing the start date from which interest will accrue, or withdrawal of funds applied for can take place, which will remain the dates stated in the offer document

We thank you most heartily for your continued support of St Ives CLT and would really appreciate it if you could spread the word about this great community initiative to provide a much needed positive boost for affordable housing in St Ives and help make the town work for residents, workers and visitors alike.

With many thanks and kind regards.

Yours sincerely,

Morag Robertson

Update 31.10.19

Below is a copy of a letter from the St Ives CLT team updating on the share offer and an extension

 

Dear Investor,

Community Share Issue for Old Vicarage Flats, St Ives

Firstly, I would like to thank you very much for your investment in St Ives Community Land Trust. We really do appreciate your support for the vital work we are doing to provide one solution to the housing crisis in St Ives. We are excited to have reached the significant milestone of our minimum target (£170,000) and this means the share issue will go ahead.

We have also received confirmation of grant funding of £100,000 towards our goal.

Following a meeting of the Board held on 7th October 2019 it was agreed to extend the Community Share Issue period for the final time to 30th November 2019. The reason for the extension is the fantastic offer from one one of our neighbours, Anima Mundi Gallery, to stage an exhibition at the Old Vicarage Flats.

This is an extract from the Gallery’s Notes on the Exhibition:

Anima Mundi is proud to present ‘Protected by Alarms’ which takes place in the empty Old Vicarage Flats in St. Ives. The exhibition provides an eclectic response to the confused and challenging backdrop of this moment in time.
Opening in the run up to the scheduled Brexit deadline, ‘Protected by Alarms’, a title taken directly from the security poster on the door of the building, alludes to a form of personal and cultural incapacitation resulting from a mounting sense of anxiety, paranoia, fear and frustration at a time of mounting suspicion, despair, hopelessness and flux.

The Old Vicarage Flats, which provides an integral backdrop for the exhibition, sits ripe for profitable gentrified renovation, yet, rather unusually the owners of the site, St Ives Community Land Trust, are working to turn the building into affordable housing for local residents. The context for the future of the building at this time of potentials is one of community, hope and fairness sprouting from degradation.

This exhibition posets wider questions of where humankind sits currently and where it might go from here at a time of extrapolating personal, cultural and environmental crisis.

’Protected by Alarms’ is curated by Joseph Clarke featuring works by Sarah Ball, Henry Hussey, David Kim Whittaker, Tim Shaw, Sax Impey, Jamie Mills, Mark Jenkin, Roger Thorp, Jim Carter, Richard Nott, Andrew Litten, Laura J Adams, David Cooper, Samuel Bassett, Carlos Zapata, Abbie Trayler Smith and Paul Benney.

If you are planning to be in St Ives soon, then we hope to see you at the exhibition, which runs from Saturday 26 October to Saturday 16 November and is open Tuesday to Saturday, 11-4 pm

We thank you most heartily for your continued support of St Ives CLT and would really appreciate it if you could spread the word about this great community initiative to provide a much needed positive boost for affordable housing in St Ives and help make the town work for residents, workers and visitors alike.

With many thanks and kind regards.

Yours sincerely,


Morag Robertson

Update 16.08.2019 - Extension of offer

Below is a copy of a letter from the St Ives CLT team, updating on the share offer and an extension.

Share offer extension

Dear Investor,

Community Share Issue for Old Vicarage Flats, St Ives

Firstly, I would like to thank you very much for your recent investment in St Ives Community Land Trust. We really do appreciate your support for the vital work we are doing to try and tackle the housing crisis in St Ives.

Following a meeting of the Board held on 5th August 2019 it was agreed to extend the Community Share Issue period to 31st October 2019. The reason for the extension is that we feel the momentum is now building and we want to give ourselves the best chance of getting near to our target raise.

The Board are very keen to attract the widest investment support possible for our first community led housing project. We have been talking to potenial organisatonal investors who need a longer lead time than we expected. We are in the process of arranging some open days to show people our proposals and (for ease of access) the ground floor of the building. We will let you know when these are or you can check out our website for details of these events.

We thank you for your continued support of St Ives CLT and would really appreciate it if you could spread the word about this great community initiative to provide a much needed positive boost for affordable housing in St Ives and help make the town work for residents, workers and visitors alike.

With many thanks and kind regards.

Yours sincerely,

Morag Robertson

Update: 17.05.2019 - Extension of offer

Below is a copy of a letter from the St Ives CLT team, updating on the share offer and an extension.

Share offer extension

Dear Investor,

Community Share Issue for Old Vicarage Flats, St Ives

Firstly, I would like to thank you very much for your recent investment in St Ives Community Land Trust. We really appreciate your support for the vital work we are doing to try and tackle the housing crisis in St Ives.

Following a meetng of the Board held on 9th May, 2019 it was agreed to extend the Community Share Issue period to 17th August, 2019. The reason for the extension is that we want to give ourselves the best chance of gettng near to our target raise.

The Board are very keen to attract the widest investment support possible for our first community led housing project. We are now planning a significant investor event in June and will also be offering some open days to show interested parties our proposals and (for ease of access) the ground floor of the building. Please check out our website for details of these events.

We thank you for your continued support of St Ives CLT and would really appreciate it if you could spread the word about this great community initiative to tackle the issue of affordable housing in St Ives.

With many thanks and kind regards

Yours sincerely,

Morag Robertson

£213,52742%
Applied for to date, of
£500,000 target

Need help?

The Ethex team are here to help from 9am to 5pm

https://www.ethex.org.uk/savings--investments_16.html

Invest and save with Ethex to

make money do good

You can browse, compare and invest in a range of products on Ethex platform from bank accounts and ISAs to equity investments and charity bonds that offer a social/environmental as well as a financial return. All you need to do is get started...