We need your support to raise £250,000 towards the purchase price of the site.
If you would like to donate please visit our Local Giving webpage.
IMPORTANT INFORMATION FOR DONORS
Rooms of our Own has developed a new social enterprise model for providing women’s centres. The model involves using income from housing to fund the construction and some of the ongoing costs of the women’s centres. We had therefore hoped that we would not have to seek grants or donations to realise the project. However we have been met with a problem.
In October 2013 we were offered a site in St James St E17 by the Council under the terms of the Localism Act. The Act allows local authorities to dispose of assets at less than market value to organisations that can demonstrate community benefits which match the strategic objectives of the council. Rooms of our Own was able to do this, and consequently embarked on a programme of developing designs, consulting with planners, procuring a development partner and building local support.
Unfortunately the local authority decided in June 2014 to go back on this offer and to put the site on the market. We have been encouraged to bid anyway as they say they will not necessarily accept the highest bidder but will be looking to procure “best consideration”.
We are therefore preparing all the information we will need to bid against private developers if and when the local authority issues the tender documents.
One strand of our case is to raise £250,000 ourselves towards the purchase of the site. We think that this is a significant amount of money which will help us to persuade the council to accept our bid. It is not only a reasonable sum, but also demonstrates the degree of support we have across Waltham Forest and across the Feminist movement in the UK.
All money raised through the Local Giving website, the text to donate via Just Giving, or other cheques or cash will be ring-fenced within our accounts towards the purchase of the St James St site.
If our bid is unsuccessful, we will be looking for another suitable site and all the monies donated will again be used for that purpose and that purpose only.
Any other expenditure needed will be obtained through other funding streams.
Donors can therefore be assured that all money donated towards the purchase of a site will either be used to acquire St James St or another similar site.