A new Bond is in the final stages of development by a partnership of churches and Christian organisations seeking to raise £2 million of social investment to support the mission of the church in some of the most deprived communities in London.
The Bond was initially developed by the Parish of St Paul’s Shadwell and the Contextual Theology Centre. They are now working with the wider Diocese and the Eden Network, supported by Affordable Christian Housing. All of these organisations are helping to grow churches and transform communities in the most deprived parts of London. The Bond will enable them to purchase and provide affordable rented housing for some of their Christian workers in these neighbourhoods.
Investors will be able to invest for up to five years in return for a fixed rate of interest of up to 2%. We will be offering a financial return, but the main benefit will be the social return from partners who are seeking to transform communities in London. This is the first Missional Housing Bond of its kind, but we hope it will be the first of many.