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2003 Social Investment Bond

Image with the words Golden Lane Housing

Golden Lane Housing’s £1.8 million bond issued in 2003 was the first Retail Bond issued by a national charity; it was redeemed on 30 April 2013.

The generosity of the bondholders has enabled us to provide deposits to support commercial borrowing to purchase 68 houses for 152 people with a learning disability. As in 2003, the net assets of Golden Lane Housing were only £280,000 and therefore the 2003 bond was truly transformational; it helped the charity to achieve a step change in its growth and to provide long term, adapted homes in the community.

To find out more about the social impact that this investment has had on the lives of some of our tenants please take a few minutes to look at the people’s stories.