Community shares: a new way to finance community assets?

The charity organising the restoration of Hastings Pier has launched a “community share” offer to raise additional funding. Shares cost £1, with a minimum investment of £100 and a maximum of £20,000. The organisers hope to be able to pay a return on investment after the first three years of operation of the new pier. Is this a funding model that Faversham could use to protect and develop community assets?

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