MAKING SPACE for vulnerable people to flourish in Cornwall and the Isles of Scilly.
There is an acute lack of housing in Cornwall for vulnerable adults who are at risk of homelessness. Mustard Seed Property (MSP) offers an answer by purchasing homes in which vulnerable tenants can be supported into stable lifestyles.
As a community benefit society and charity, MSP leases property to trusted organisations in Cornwall, which are skilled in helping otherwise homeless adults find their feet.
These trusted organisations become ‘lease-partners’ and they include highly respected groups such as the St Petroc’s Society and Karrek Community. Their roles are to place tenants into the houses and give them the support they need.
Our share offer in 2018 raised nearly £350,000 towards a new property in Redruth, which we have now purchased.
We launched another community share offer on 19 June 2020. The plan is to raise further equity to convert the property in Redruth into three flats plus three studios, with an additional shared communal space, as well as to purchase a third property in Cornwall. The share offer close date has been extended to 30 September, so there is still plenty of time to invest.
The target raise of this new share offer is £600,000. The raise has received a considerable boost with match funding. Read the story on our news page.