NEW YORK: A Regional Awards section will be added to the Global Seniors Housing Award being held in London later this year.
A housing association has launched an innovative retail charity bond at a fixed interest rate of 4.4%.
Hightown Praetorian & Churches Housing Association will raise the funds from investors buying shares of a minimum of $1,000.
The 4,400-home landlord intends to use the cash to build ‘new, high-quality homes’ to help ‘homeless people and people who cannot afford to rent or buy’.
The bond was issued by Retail Charity Bonds PLC, a platform created by social investment charity Allia in association with investment bank Canaccord Genuity, before being loaned to Hightown…