Community Share Underwriting Fund

Debt fund supporting community projects by providing loans to make up for any shortfall in community share offer.

Key info

  • Geography

    UK wide

  • Asset class

    Social lending

  • Fund manager

    Resonance

  • Investment status

    Exited

  • Investment date

    2014

  • Term

    6 years

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The Fund provides a source of financing for community projects and supports the growth of community shares.

The Fund can help build confidence in a community share offer before it is issued, add momentum to an offer that is underway, or help bridge the gap that may open up at the end of an offer.

In this way, communities can be more ambitious when starting new share offers and gain financial support to create assets that will bring lasting benefit to the community.

Impact

  • 9

    Number of investees

  • 143

    Number of people supported

  • £13m

    Amount of community co-investment

Sustainable development goals

  • 7: Affordable and Clean Energy
  • 11: Sustainable Cities and Communities