The Bridport Cohousing project is now well into its construction phase, but we need more money to build our Common House (which is an integral part of a cohousing community), pay for two guest bedrooms, and pay back some outstanding land loans. To bridge this gap we are excited to be launching a community share offer. We are offering a targeted return of 4% for a minimum investment of £500. This offer will be open for 3 months on the ethical investment platform Ethex.
As a community-led group it has taken a lot of commitment and hard work to get to this point, especially to navigate the very complicated areas of planning and financing a housing development. We are excited to be pioneering a way of delivering 53 affordable eco-homes to our local area, leading the way in sustainable living, helping to protect biodiversity and promote progressive social values of diversity and equity.
Community shares are an excellent way of using your money to help finance a project which does some good in the community as well as give you a good financial return, and since 2012 community share offers have enabled over £155 million to be raised by over 104,203 people in the UK. Our share offer has been awarded the Community Shares Standard Mark, which is given to offers that meet national standards of good practice. All the information you need in order to make an informed decision about supporting us is on the Ethex website.