The Headingley Investment Fund 2025 (HIF2025) was launched at the HDT AGM on 26 March, to a really warm and positive reception, which gave us lots of hope the offer will be a huge success. A few headline details:
• You can invest now and the offer will remain open until 30th June.
• Of course, please satisfy yourself that Community Shares are for you. All of the relevant material is on our web page, including the Offer Document, the Business Plan and a handy set of Frequently Asked Questions (FAQs). And we will be on hand at the April, May and June Farmers’ Markets. Or you can drop us a line at hif2025@hdtleeds.org.uk.
• Our target is to raise upwards of £200k, and the biggest chunk of this will be to help the Headingley Greengrocer thrive (for another couple of centuries!) by providing a cheaper loan than its current mortgage. This is what we did with HEART in 2018 and it makes a huge difference.
• If we can raise £300k – and we hope we can – we have lots of other projects and ideas, just waiting to be developed further, that could add greatly to Headingley’s look and feel.
• You can choose your interest rate from 0%, 2% or 4% – but you don’t have to make the choice until the offer closes on 1st July.
• Interest (if you choose 2% or 4%) starts accruing from the Go Live date of 1 July, but no withdrawals can be made until October 2028 in accordance with the conditions set out in the Offer Document (and summarised in the FAQs).
• You can buy shares very easily on our dedicated HIF2025 page on the Crowdfunder platform. There is a guide to doing it here but If you would prefer, you can contact us directly to make other payment arrangements.
Without your support, none of what HDT has achieved over the past 20 years would have been possible. There is so such more to do, though, and we can only do it together. We’ll keep you updated with progress towards reaching the target!