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NCDC secures £99,000 grant from Scottish Land Fund to purchase old Urafirth School site for affordable housing development.

PRIVATENov 13, 2026

Amount Raised

£99,000

Round Type

Grant

ScotlandReal EstateNon ProfitCommunities

Investors

Scottish Land Fund

Description

Northmavine Community Development Company (NCDC) has secured £99,000 in funding from the Scottish Land Fund to acquire the old Urafirth School site for a potential housing development. The grant represents a significant milestone for the community-led project, which aims to create affordable homes that meet local needs and support the sustainability of the Northmavine area. Early plans propose a seven-home scheme, with estimated development costs between £1.5 million and £2 million. NCDC emphasized that community ownership offers the potential to attract and retain families while addressing housing challenges in rural and island communities.

Quick answer

Northmavine Community Development Company (NCDC) raised £99,000 in a Grant round, dated November 13, 2026. Investors: Scottish Land Fund. Northmavine Community Development Company (NCDC) is based in Scotland, United Kingdom.

How much did Northmavine Community Development Company (NCDC) raise?
Northmavine Community Development Company (NCDC) raised £99,000 in a Grant round on November 13, 2026.
Who invested in Northmavine Community Development Company (NCDC)?
Scottish Land Fund is named as investors in this round.
What does Northmavine Community Development Company (NCDC) do?
NORTHMAVINE Community Development Company (NCDC) is a community-led organization focused on sustainable development in the Northmavine area of Shetland.
Where is Northmavine Community Development Company (NCDC) based and how big is it?
Northmavine Community Development Company (NCDC) is based in Scotland, United Kingdom.

Source: Fundz verified event record.

Who else raised in Real Estate and Non Profit around the same time

Companies in the same sectors as Northmavine Community Development Company (NCDC) that raised within 45 days of this round, from Fundz verified event records.

  • The Villages raised $180M (Debt Financing) on October 7, 2026.
  • Palomma raised $10M (Series A) on November 12, 2026.
  • SevenCitiesLdn raised $217M (Debt Financing) on November 10, 2026.
  • Index Industries raised $50M (Seed) on November 10, 2026.
  • Ejari raised $50M (Debt Financing) on November 9, 2026.
  • Modon Holding raised $3.7B (Debt Financing) on November 8, 2026.

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Company Information

Company

Northmavine Community Development Company (NCDC)

Location

Scotland, United Kingdom

About

NORTHMAVINE Community Development Company (NCDC) is a community-led organization focused on sustainable development in the Northmavine area of Shetland. The company secured £99,000 in funding from the Scottish Land Fund to purchase the old Urafirth School site for potential affordable housing development. NCDC aims to create homes that meet local needs, help retain families, and support long-term community sustainability. The organization is exploring community-led housing opportunities with an estimated development cost between £1.5 and £2 million for a seven-home scheme.

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