Structured-risk bonds for payment-by-results initiatives (360G-tnlcomfund-0030119361)

Allia Ltd is an industrial and provident society based in Cambridge. Over six months Allia will raise up to £4 million through a fixed term capital protected retail bond. 75% of the investment will fund loans for a social housing provider to create homes. The rest will fund support for families at risk of breaking up to reduce the need for children to go into care in Essex. This proposal will offer learning on a fund, involving a 'payments by results' element, and targeting a wide range of investors.