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
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.