The National Lottery Charities Board has awarded the Society of St James a second grant. This is the second lottery grant the Society of St James has received, in 1996 the Society was awarded 83,000, also towards housing young people. The new lottery money with the proceeds from the sale of property in Freemantle means that the Society will be able to purchase a suitable sized property, even in today's spiralling property market. The benefit of St James being able to purchase a building outright rather than borrowing is that the amount of rent charged to residents can be drastically reduced. This can only help to enable young residents to find a foothold in the labour market.
Low rent means starter wages go further.
Look out for the summer issue of this newsletter for an update on this project. Would you like to own a football signed by the Southampton F.C. Squad, or indeed a brand new design Swatch watch. Both items have been donated to the Society of St James by local businesses. Either or both of these items could be yours by joining in our auction. The successful bidders will be informed in person after the closing date as well as an announcement in the Summer newsletter.