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Pioneering Heritage Impact Fund – Open For Applications
14 February 2019 @ 8:00 am - 5:00 pm
A trailblazing partnership is for the first time investing National Lottery money in loan finance that will deliver economic and social benefits to communities across the UK.
The Heritage Impact Fund has launched a £7million social investment fund providing organisations with loan finance enabling them to deliver positive economic and social impact through the re-use of heritage buildings.
The National Lottery Heritage Fund has until now been solely a grant funder, investing £8billion in thousands of heritage projects, many of which have revived derelict historic buildings and brought wider economic benefits.
“We’ve seen a growing appetite in the heritage world to make use of loans”, Ros Kerlake
But in recent years there has been a growing appetite in the heritage world to make use of loans and other social investments in order to diversify income, strengthen business models and reduce reliance on grants.
The Heritage Impact Fund opened on 14th February 2019.
To read the full article and to find out more click here.
Find out how to apply by clicking here.
Source: Heritage Lottery Fund