£30m over five years loan fund announced for Welsh charities’ buildings

first_img Howard Lake | 5 December 2012 | News Unity Trust Bank and Wales Council for Voluntary Action (WCVA) have announced a loan fund offering £6 million each year for five years to help voluntary organisations finance new premises or refurbish existing properties.The fund is open to WCVA members who can apply for loans between £250,000 and £5 million.WCVA Chief Executive, Graham Benfield OBE, said: “This finance will provide opportunities for organisations to own their premises and develop an asset base. This will allow them to control their costs, tailor their facilities to the needs of the people that use their services and work towards a more financially secure future. Advertisement Tagged with: Funding Wales / Cymru  133 total views,  1 views today  134 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. £30m over five years loan fund announced for Welsh charities’ buildings AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis “Increasingly we are also seeing the value of ‘community hubs’, and we envisage this fund helping to create a network of focal points within communities across Wales providing social and economic opportunities to local people.”The first loan to be made through the new fund will be to Rhondda-based charity Valleys Kids, which will allow them to re-finance their purchase of The Pop Factory in Porth and help develop a residential centre for young people on the Gower.www.unity.co.uk/wcva-loan-schemeslast_img read more