Golden Lane Housing (GLH) has been shortlisted for ‘An outstanding approach to meeting specialist housing needs’ Award 2016.
Over the last two years we have successfully raised £21 million through GLH’s 2013 Social Investment Bond and 2014 Retail Charity Bond. The money raised is being used to buy and specially adapt 60 homes for 220 people with a learning disability in their community supported by Mencap.
GLH’s 2013 bond was the largest charitable bond issue of its type at the time, and 2014 bond issue was the first ever charity bond to be listed on the London Stock Exchange. It was issued through the Retail Charity Bonds platform, created by Allia, a UK based charity and specialist in social investment, in association with Canaccord Genuity to raise unsecured loan finance for charities.
Rod Dugher, head of housing at GLH said, “We are absolutely thrilled to be a finalist for this award. Using the capital raised through the bonds we’ve acquired and adapted fantastic bungalows and houses across the country that meet the needs of 220 people with a learning disability. Having the right home and environment has had a real positive impact. People are gaining more independence by learning new skills and increasing their social networks through more involvement in their community. These properties are providing a lasting legacy for generations to come.”
The winners will be announced at the UK Housing Awards ceremony at the Lancaster London Hotel on 26 April 2016.