Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Dolphin Living raises charity bond for affordable housing after London fire



Dolphin Living has raised a bond for affordable housing in the wake of the Grenfell fire.

The housing charity raised £25 million ($31.8 million) within two days of listing the bond on the London Stock Exchange.

It follows the deadly fire in London’s Grenfell public housing complex that exposed the poor and sometimes dangerous living conditions of U.K. low-income housing.

Proceeds will be used for “well-designed, good quality housing at market and submarket rents for people on modest incomes,” according to the Dolphin Square Charitable Foundation.

Dolphin Living’s is the fifth such retail charity bond, which allow charities to raise debt capital from the public markets.

The nine-year bond offers investors a 4.25% interest rate.

You might also like...