United Housing, a not-for-profit housing corporation launched by United Way Perth-Huron, is excited to announce the initial offering of community bonds for the Music Hall Apartments project in Listowel is almost sold out.
“We’ve had a great response to our first-ever community bonds offering,” said United Way Executive Director, Ryan Erb. “The enthusiasm shows people are really looking to invest in local solutions to the housing crisis. We encourage anyone thinking of adding bonds to their portfolio to invest now if they want to be part of this project.”
“The campaign has gone well and 80 per cent of bonds are now sold,” added United Housing Director, Kathy Vassilakos. “It’s obvious from the response that housing affordability is top-of-mind for a lot of people. UH continues its commitment to collaborating with communities to advance projects addressing the housing crisis locally.”
UH community bonds are social impact investments that allow individuals and organizations to support local projects while earning a stable, fixed return. They are administered by Tapestry Community Capital, which has successfully consulted issuers in raising over $130M in community bonds from over 4,000 investors. To learn more about how to purchase, visit GO HERE.
The Music Hall Apartments are located at 190–198 Main Street West in Listowel. Encompassing 4,500 square feet of currently unused space, this reinvigoration of an historic building in Listowel’s downtown will provide 10 mixed-income rental units.
