Ask Headline: Errol Street Social Bond
Ask Title: Errol Street Social Bond
Location: 8 Errol St, London EC1Y 8LX, UK, United Kingdom
Minimum Social Bond Term: 36 months.
Maximum Social Bond Term: 60 months.
Minimum Social Bond Amount: £25,000.
This is a Flexible (keep it all) Ask: your money will be kept even if the target amount is not reached by the deadline.
Legally Binding Commitment: we agree to voluntarily convert any pledges relating to this Ask into a legally binding, enforceable agreement.
Help us create a new home for London's young homeless
40 years of wear and tear mean that City YMCA London's hostel in London is worn out. Building a new home is the best chance for 10,000 young people that will be forced into homelessness over the next 60 years.
Plans are well developed with the costs planned at £19.4m. With significant funding already secured we are appealing for help to make this vision a reality.
We're asking London's businesses and citizens to join our appeal to build a new, flagship home for those who have no hope.
Everyone can get involved from £25,000 to over a million. You can choose to sponsor a room or name the building!
Your Social Bond will allow us to start construction and will provide much needed accommodation for London's homeless young people.
In the first instance we would ask you to speak to us about this opportunity.
Appeal Director, Chris East
m. 07712 585776 e. firstname.lastname@example.org
City YMCA London is a Registered Charity no 1053864
Access to this Ask's discussions is limited to those who have either followed or supported it.
Please click here to understand our Risk Management & Due Diligence procedures.
|Social Bond Status||Unsecured|
|Risk Rating Certificate||Unrated|
|Collateral Verification||Not Applicable|
|Social Action Guarantee (SAG)||No|
|Social Action Register (SAR)||No|
|Public Approval Rating||Too new to rate|
|Independent Business/Project Plan Assessment||No|
|Reserve Fund Member||No|
|Universal Insurance Member||No|
|Legal Notices & Disclaimer||None|
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