Co-operative Assistance Network Limited
Stokes Croft Land Trust hits minimum community share offer target
We're pleased to bring you news of another CAN-supported community share offer, again in Bristol: Stokes Croft Land Trust hit its minimum target of £272,000 in early May to unlock £75K from the Booster Fund, managed by Co-ops UK.
As we reported in November, the share offer is to raise money to transfer two properties into community ownership so they can remain as a "hub of community activity" in the face of gentrification of the area.
CAN has worked with Stokes Croft since its incorporation in 2014 to developing the share offer funded by REACH with Co-operative and Community Finance as the Access Point.
"With over 330 investors now amassed, we are energised to go for the maximum target of £345,000 by Tuesday 31st May 2022," wrote Director Keith Cowling on Stokes Croft Land Trust's website.