On 25 September 2013 the Minister for Housing and Welfare, Margaret Burgess, announced that the Scottish Government will make innovative use of financial transactions funding by investing £10 million in a Charitable Bond.
Reinforcing the Scottish Government’s support for community-led regeneration, this investment in a Charitable Bond will generate over £1 million grant funding for the over-subscribed People and Communities Fund and lend almost £9 million to a Registered Social Landlord to build 150 affordable homes in Scotland.
Click here for full details of the announcement.
We are therefore consulting with existing applicants to the People and Communities Fund about going forward via this new funding route. Click here for details of the Charitable Bond process.
Whilst we are not accepting new applications at the moment, any future funding rounds will be announced on this website over the coming months so please keep checking.