Allia C&C expands with opening of Scottish office
Allia C&C, the financial services arm of Cambridge-based charity Allia, is pleased to announce the opening of an office in Glasgow to serve its clients in Scotland and the North of England. It has appointed Peter Freer to head the office where he will be responsible for Allia C&C’s charitable bond programme with the Scottish Government and relationships with Scottish housing associations and other charities.
Allia C&C arranges £3.5m loan to New Gorbals Housing Association
New Gorbals Housing Association has received a loan of £3.5 million arranged by Allia C&C under its charitable bond programme with Scottish Government. The loan will allow New Gorbals Housing Association to develop 55 units for social rent as part of the mixed tenure regeneration of the once run down and neglected Laurieston area of the Gorbals in Glasgow.
Allia C&C arranges third loan to Ayrshire Housing
Ayrshire Housing has received a loan of £8 million through a charitable bond arranged by Allia C&C. It is the third and the largest loan that the association has received under Allia C&C’s programme with Scottish Government.
Allia C&C responds to FCA mini-bonds consultation
In January this year the FCA announced a temporary ban on the mass-marketing of speculative illiquid securities, including speculative mini-bonds, to retail investors. In June it then announced proposals to make the ban permanent with a number of changes and clarifications, and put these out for consultation.
Lochalsh & Skye receives £4m charitable bond funding
Lochalsh & Skye receives £4m charitable bond funding Lochalsh & Skye Housing Association has received a loan of £4 million through a charitable bond arranged by Allia C&C. It is the second loan that the association has received under Allia C&C’s programme with Scottish Government, and comes as Allia C&C prepares to open a new Scottish office.
Retail Charity Bonds: Presentation
Mark Glowrey, Director, Fixed Income Sales, at Allia C&C, outlines more about Allia’s Retail Charity Bonds, and describes in detail seven specific bonds which were issued by them since 2014 to date.
Government support for charities
The Government has launched a number of schemes designed to support charities and businesses in these difficult times. Working with our long term partner, Chatham Financial, Allia C&C has already advised a number of charities on successfully taking advantage of these schemes to help them continue to deliver their social impact.
Berwickshire Housing Association secures £5 million funding to build new homes
Berwickshire Housing Association is pleased to announce its new partnership with Allia C&C to support the financing of their ongoing development programmes across Berwickshire for affordable housing and its vision to create thriving rural communities.
Kingdom Housing Association receives £4.9 million donation
Kingdom Housing Association has received a donation of almost £4.9 million from the Scottish Government through the Scottish Charitable Bond programme managed by Allia C&C for the development of 60 homes for social rent at Primrose Street, Alloa.